What happenedAccording to a Securities and Exchange Commission (SEC) filing dated May 14, 2026, RPG Investment Advisory, LLC initiated a new position in Centrus Energy (LEU 6.03%)by purchasing 50,460 shares. The quarter-end value of the position stood at $8.76 million, reflecting share price changes through March 31, 2026.
What else to knowThis was a new position for RPG Investment Advisory, LLC, now representing 1.06% of the fund’s 13F reportable assets.
Top holdings after the filing:
NASDAQ: NVDA: $55.42 million (6.7% of AUM)NASDAQ: GOOGL: $41.15 million (5.0% of AUM)NASDAQ: AAPL: $33.75 million (4.1% of AUM)NYSE: PWR: $29.68 million (3.6% of AUM)NASDAQ: AMZN: $28.57 million (3.4% of AUM)As of May 13, 2026, shares of Centrus Energy were priced at $192.31, up 107.7% over the past year, outperforming the S&P 500 by 81.28 percentage points.
Company overviewMetricValueRevenue (TTM)$452.30 millionNet income (TTM)$60.60 millionMarket capitalization$3.53 billionPrice (as of market close May 13, 2026)$192.31Company snapshotCentrus Energy is a leading supplier of nuclear fuel and technical services, operating at scale with a market capitalization of $3.64 billion and a trailing twelve months revenue of $452.30 million. The company leverages its expertise in uranium enrichment and technical solutions to support the global nuclear power industry.
The company Provides low-enriched uranium (LEU), separative work units (SWU), and technical solutions for the nuclear power industry, including engineering, manufacturing, and operations services.
It generates revenue primarily through the sale of LEU and related components to utilities operating nuclear power plants, as well as technical and consulting services for public and private sector clients.
Centrus Energy serves a global customer base with a focus on utilities in the United States, Japan, Belgium, and other international markets engaged in nuclear energy production.
What this transaction means for investorsCentrus Energy (NYSE: LEU) is one of the few public companies directly tied to rebuilding U.S. uranium enrichment capacity. The company supplies enriched uranium fuel components to nuclear utilities and is working on high-assay low-enriched uranium, or HALEU, a fuel expected to support some next-generation reactors. That makes Centrus different from a uranium miner or a nuclear utility, and its value depends on turning customer contracts, federal support, and centrifuge manufacturing into U.S. production capacity.
The first quarter showed the cost of moving from a strategic opportunity to production scale. Centrus remained profitable, but net income fell from a year earlier as advanced technology costs rose with the enrichment buildout. The company also reported $3.9 billion of backlog extending to 2040, though part of that total depends on securing public and private investment for new LEU production capacity.
For investors, Centrus is less a broad nuclear-power play than a test of whether U.S. enrichment capacity can be rebuilt through its centrifuge technology, funding path, and delivery milestones. Moving forward, the company’s progress can be measured through funded capacity, manufacturing scale-up, and commercialization deliveries that move Centrus from strategic importance to operational proof.
Eric Trie has positions in Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Nvidia, and Quanta Services. The Motley Fool has a disclosure policy.
Oklo: Remaining in a Pre-Revenue StageOklo ((OKLO 4.25%) primarily designs and develops advanced fission power plants to provide commercial-scale energy and offers specialized nuclear fuel-recycling services.
Among its recent developments, OkloIt formed a joint venture with Centrus Energy (LEU 6.03%) and announced a share sale to raise funds, while reporting negative free cash flow (FCF) of $50.7 million for the quarter ended March 31, 2026.
BWX Technologies: Generating Consistent RevenueBWX Technologies (BWXT 2.90%) manufactures precision nuclear components mainly for the U.S. Army, manages environmental site restoration projects, and supplies medical radioisotopes for diagnostic and therapeutic uses.
It recently agreed to acquire Precision Components Group and secured new naval procurement contracts, while reporting a gross margin of about 23% for the quarter ended March 31, 2026.
Why Revenue Matters for InvestorsRevenue here refers to the data provider's standardized income-statement revenue line item, and it serves as the critical foundational metric that shows investors exactly how much money flows into a business before any operating expenses or taxes are deducted.
Quarterly Revenue for Oklo and BWX TechnologiesQuarter (Period End)Oklo RevenueBwx Technologies RevenueQ2 2024 (June 2024)$0.00$681.5 millionQ3 2024 (Sept. 2024)$0.00$672.0 millionQ4 2024 (Dec. 2024)$0.00$746.3 millionQ1 2025 (March 2025)$0.00$682.3 millionQ2 2025 (June 2025)$0.00$764.0 millionQ3 2025 (Sept. 2025)$0.00$866.3 millionQ4 2025 (Dec. 2025)$0.00$885.8 millionQ1 2026 (March 2026)$0.00$861.1 millionData source: Company filings. Data source: Company filings. Data as of May 28, 2026.
Foolish TakeBoth Oklo and BWX Technologies operate in the rapidly expanding nuclear energy sector, driven mainly by unprecedented demand for power from artificial intelligence (AI) data centers, electrification, and reshoring.
Oklo is involved in several nuclear pilot programs of the Department of Energy (DOE) and is also developing nuclear fuel recycling facilities. That gives the company a strong competitive lead with several opportunities ahead, since its fast-fission plants can run on both fresh and used nuclear fuel, and the U.S. government is keen on converting its Cold War-era plutonium stockpile into usable nuclear fuel.
Oklo, however, is yet to build its first reactor and generate revenue. BWX Technologies, on the other hand, is an already established player with a jaw-dropping $8.7 billion in backlog as of the first quarter of fiscal year 2026. That is why if I were to choose between Oklo and BWX Technologies today, I would buy BWX stock.
BWX Technologies powers the U.S. Navy’s submarine and aircraft carrier fleet and holds a near monopoly in that area. Just weeks ago, it won $1.4 billion in contracts for the U.S. under the U.S. Naval Nuclear Propulsion Program. These contracts should keep coming, given the company’s monopoly, and that will reflect in its ever-growing backlog and sales.
BWT Technologies expects to generate $3.75 billion in revenue in 2026. Importantly, its Precision acquisition is a significant step toward diversifying, as it expands BWX’s capabilities into commercial nuclear manufacturing. I believe that’s a big growth move and makes this nuclear energy stock even more compelling for the long term.
Centrus Energy is rated Buy with a $260 price target, reflecting a 43% upside from current levels. LEU's $1.9B cash, $3.9B contracted backlog, and $900M DOE award underpin its strategic value as the only U.S.-owned uranium enrichment platform. Recent Q1 results showed raised FY 2026 revenue guidance, strong operational progress, and partnerships delivering $300M in cost savings and lead time improvements.
For years, governments and industry have discussed the energy trilemma, which is the need for secure, affordable, and low-carbon energy. Following the Paris Climate Accord in 2015, significant emphasis was placed on the low-carbon component as countries and corporations set net-zero emission targets.
In this decade, emission concerns have somewhat faded in favor of reliability and affordability amid global energy price spikes in 2022 and 2026. While the current crisis reinforces the importance of a diversified energy mix, it also shines a greater light on the benefits of nuclear power, especially in achieving decarbonization goals.
Key Takeaways: In an energy crisis, emissions goals can easily be set aside as countries focus on energy security, reliability, and affordability. Nuclear is uniquely able to provide secure, reliable energy without the need to compromise emission goals. In Europe, a shift away from nuclear power has left the region less energy secure, with France the notable exception. In an energy crisis, keeping the lights on becomes primary. The world is currently in the midst of its second energy crisis this decade. The first resulted from Russia’s invasion of Ukraine in 2022, which hit Europe especially hard but had global implications as oil and gas prices broadly rose. The war in Iran and disruption to energy flows from the Middle East has similarly carried broad consequences as global oil and natural gas benchmarks have spiked.
The events of 2022 and this year tend to drive a renewed focus on energy security, reliability, and affordability. In the middle of the crisis, emissions tend to take a back seat. As one example, Germany restarted coal plants in 2022 to help ensure adequate power supplies. Similarly, while not particularly sensitive to emissions, price-conscious Asian buyers have turned increasingly to coal during the current price spike in liquefied natural gas.
When energy becomes more scarce, the primary focus tends to be ensuring countries have the power and energy needed to meet people’s needs (staying warm in the winter or cool in the summer) and support their economies. Emissions goals can easily be compromised or set aside in these situations.
Nuclear checks the boxes for energy security and decarbonization. The current energy crisis reinforces the importance of nuclear power, especially for countries with more ambitious climate goals. For countries without nuclear power in their energy mix or limited nuclear capacity, price spikes for liquefied natural gas tend to be particularly painful. Policy decisions from past decades are ultimately what is shaping how countries experience the current crisis, with Europe providing a prime example.
In 1990, nuclear provided a third of Europe’s electricity, and today it is only 15% of the mix. In March, following the start of the war with Iran, EU Commission President Ursula von der Leyen described the shift away from nuclear as a strategic mistake. She announced a €200 million guarantee to incentivize private investment in nuclear technology.
While nuclear is extremely reliable and provides emission-free power generation, it also stands out for being more secure. Nuclear power has long refuel cycles (18-24 months) and benefits from more stability in uranium supplies (read more). Additionally, years of fuel can be stored onsite at reactors.
France is in a better position than many of its European neighbors because of its extensive nuclear fleet, with nuclear energy accounting for 68% of its electricity mix in 2024. Earlier this year, before the war with Iran, France announced its own policy shift to extend reactor lives and build new reactors (read more). It bears mentioning that several European countries have signed the Declaration to Triple Nuclear Energy by 2050 and are pursuing more nuclear capacity. This does not include Germany, which shuttered its nuclear plants, or Austria.
Bottom line The energy crises in this decade may provide further policy momentum for nuclear in the years ahead. Nuclear is uniquely able to provide secure, reliable energy without the need to compromise emission goals.
Related research: Iran Conflict Reinforces Nuclear Energy’s Stability
France’s Nuclear Pivot Serves as Catalyst for NUKZ
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For more news, information, and analysis, visit the Nuclear Energy Content Hub.
A month has gone by since the last earnings report for Centrus Energy Corp. (LEU - Free Report) . Shares have lost about 21.5% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Centrus Energy due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
Centrus Energy's Q1 Earnings Beat Estimates on Technical Solutions StrengthCentrus Energy posted adjusted earnings of $1.05 per share in the first quarter of 2026, handily beating the Zacks Consensus Estimate of 33 cents. The adjusted figure declined 37.5% from $1.68 a year ago.
Quarterly revenues grew 5.0% year over year to $76.7 million and came in above the consensus mark of $76 million by 0.9%.
Profitability Pressured by Expansion CostsTotal cost of sales rose 12%, resulting in a 4% year-over-year decline in gross profit to $31.5 million. Gross margin declined to 41% from 45% in the year-ago quarter as segment mix and contract timing shifted.
Operating income fell sharply to $0.8 million from $20.5 million a year ago. The decline was largely driven by a sizable step-up in advanced technology costs to $18.9 million as the company ramped up expansion-related work. Operating margin plunged to 1% from 28% a year earlier.
Segment Performances in Q1Revenues from the Low-Enriched Uranium segment decreased 13% year over year to $44.6 million. Management noted that SWU revenues slid 19% to $41.6 million as the volume of SWU sold fell 47%, partly offset by a 52% jump in the average selling price. Uranium sales added $3 million in the quarter.
On the cost side of the segment, the cost of sales declined 17% to $16.7 million, reflecting the lower SWU volumes, even as average unit costs moved higher.
Technical Solutions generated revenues of $32.1 million, up 47% from the year-ago quarter. The lift was primarily tied to a $9.8 million increase from the HALEU Operation Contract with the Department of Energy.
Segment cost of sales rose 42% to $28.5 million, mainly from an $8.2 million increase in costs incurred under the HALEU contract, where revenue is recorded on a cost-plus-incentive-fee basis.
Centrus Energy’s Backlog & Capital Position as of Q126 EndAs of March 31, 2026, the total company backlog was $3.9 billion, which extends to 2040. The LEU backlog is at $3.1 billion, which includes roughly $2.4 billion of contingent contracts and commitments, with most already under definitive agreements. The Technical Solutions segment backlog was approximately $0.8 billion.
Cash used in operating activities was $35.1 million against a cash inflow of $36.5 million in the year-ago period. The shift reflected working-capital moves, including a $48.8 million increase in inventories and a $21.9 million reduction in inventories owed to customers and suppliers.
Centrus also stepped up capital spending to $23.2 million from $2.1 million a year ago, consistent with its manufacturing expansion efforts. Cash and cash equivalents totaled $1.9 billion at quarter end.
Centrus Raises 2026 Revenue OutlookCentrus raised its full-year 2026 revenue guidance to a range of $450-$500 million from the prior range of $425-$475 million. The company continues to expect total capital deployment of $350-$500 million, driven by increased investment tied to its industrial buildout.
During the quarter, management highlighted new partnerships intended to improve execution and efficiency, including a strategic collaboration with Fluor and early work with Palantir’s AI platform that identified about $300 million in potential cost savings. Operationally, the company expects to add at least 100 net new employees each at its Oak Ridge and Piketon sites and to release a Certified-for-Construction package. Centrus also said it is exploring a joint venture with Oklo focused on deconversion services for HALEU.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a flat trend in estimates review.
VGM ScoresAt this time, Centrus Energy has a poor Growth Score of F, however its Momentum Score is doing a lot better with a C. However, the stock was allocated a score of F on the value side, putting it in the lowest quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook Centrus Energy has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry PlayerCentrus Energy belongs to the Zacks Mining - Non Ferrous industry. Another stock from the same industry, Southern Copper (SCCO - Free Report) , has gained 6.9% over the past month. More than a month has passed since the company reported results for the quarter ended March 2026.
Southern Copper reported revenues of $4.25 billion in the last reported quarter, representing a year-over-year change of +36.2%. EPS of $1.92 for the same period compares with $1.19 a year ago.
For the current quarter, Southern Copper is expected to post earnings of $1.85 per share, indicating a change of +51.6% from the year-ago quarter. The Zacks Consensus Estimate has changed +15.6% over the last 30 days.
Southern Copper has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.
While the initial reaction to Centrus Energy's (LEU 6.03%) early May announcement of its first-quarter 2026 financial results was positive, the market's enthusiasm didn't last. Shares of the nuclear energy stock quickly tumbled lower and subsequently failed to recover for the remainder of the month.
According to data from S&P Global Market Intelligence, Centrus Energy shares dropped 13.5% in May.
Image source: Getty Images.
The glow of an update to 2026 guidance quickly faded Initially, investors found cause to celebrate with the announcement of Centrus's Q1 2026 financial report. The company reported earnings on May 5 after the market closed, and shares closed more than 12% higher the following day. For one, Centrus upwardly revised its 2026 revenue guidance to $450 million to $500 million from $425 million to $475 million.
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In addition, the company reported growth in its low-enriched uranium (LEU) backlog. At the end of Q1 2026, Centrus had about $3.1 billion in LEU backlog, up from $2.8 billion at the same time last year.
But the blights in the company's financial results soon became apparent.
While Centrus achieved a 4.9% year-over-year increase in revenue, the $76.7 million reported on the top line fell short of the $78.3 million analysts anticipated. At the bottom of the income statement, investors found additional cause for concern. Centrus reported diluted earnings per share (EPS) of $0.45 -- far slimmer than the diluted EPS of $1.60 that it reported during the same period last year.
Investors found further cause to click the sell button shortly after the company reported financial results. On May 8, Citigroup slashed its price target on Centrus Energy stock to $218 from $224, maintaining a neutral rating.
After its recent plunge, is Centrus Energy stock too radioactive to hold? While the decline in Centrus Energy stock last month may be disconcerting (and the subsequent 7.8% slide in June, as of this writing), investors seeking exposure to the current nuclear energy renaissance would be wise to consider the stock -- especially those with lower risk tolerances.
As a company that consistently generates profits, Centrus Energy represents a more conservative option than small modular reactor developers that aren't generating significant revenues, let alone profits.
Lest those with even lower risk thresholds feel they have no opportunities to gain exposure to the current boom in nuclear energy, there are nuclear energy exchange-traded funds (ETFs) they can consider.
Citigroup is an advertising partner of Motley Fool Money. Scott Levine 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.
Solstice Advanced Materials, which was just spun off in late October, has already generated returns of 54%, which is 3x more than its peers. SOLS benefits from diversified end markets, strong secular drivers in nuclear and refrigerants, and superior EBITDA margins (~25%) versus specialty materials peers. The company is well-set for growth with a $2B nuclear backlog, accelerating data center refrigerant demand, and a manageable net leverage of 1.5x, which leaves room for M&A.
Beacon Investment Advisory Services Inc. purchased a new stake in Solstice Advanced Mat (NASDAQ:SOLS – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,139 shares of the company’s stock, valued at approximately $493,000.
Several other institutional investors have also modified their holdings of SOLS. Ferguson Wellman Capital Management Inc. purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter worth $2,259,000. Exchange Traded Concepts LLC purchased a new position in Solstice Advanced Mat in the fourth quarter valued at $1,215,000. Parsons Capital Management Inc. RI acquired a new position in Solstice Advanced Mat during the 4th quarter worth $625,000. Chesley Taft & Associates LLC acquired a new position in Solstice Advanced Mat during the 4th quarter worth $456,000. Finally, Pathway Financial Advisors LLC acquired a new position in Solstice Advanced Mat during the 4th quarter worth $337,000.
Solstice Advanced Mat Price Performance Solstice Advanced Mat stock opened at $72.40 on Tuesday. The firm has a market capitalization of $11.49 billion and a PE ratio of 278.46. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.98 and a current ratio of 1.39. The company has a fifty day simple moving average of $71.84. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $84.44.
Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.14). The firm had revenue of $987.00 million during the quarter, compared to analyst estimates of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.
Solstice Advanced Mat Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Tuesday, February 24th. Solstice Advanced Mat’s dividend payout ratio is 115.38%.
Analyst Ratings Changes A number of research firms have issued reports on SOLS. Alembic Global Advisors assumed coverage on Solstice Advanced Mat in a research report on Monday, December 1st. They issued an “overweight” rating and a $60.00 price target on the stock. Zacks Research upgraded shares of Solstice Advanced Mat to a “hold” rating in a research note on Friday, January 23rd. Weiss Ratings raised shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Vertical Research upgraded shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price target for the company in a research note on Wednesday, January 7th. Finally, Royal Bank Of Canada upgraded shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, January 20th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $67.00.
Read Our Latest Research Report on Solstice Advanced Mat
Solstice Advanced Mat Company Profile (Free Report)
Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.
Featured Stories Five stocks we like better than Solstice Advanced Mat Want to see what other hedge funds are holding SOLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Solstice Advanced Mat (NASDAQ:SOLS – Free Report).
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Fifth Third Wealth Advisors LLC bought a new stake in Solstice Advanced Mat (NASDAQ:SOLS – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 7,932 shares of the company’s stock, valued at approximately $385,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ferguson Wellman Capital Management Inc. bought a new position in Solstice Advanced Mat in the fourth quarter worth approximately $2,259,000. Kieckhefer Group LLC bought a new stake in shares of Solstice Advanced Mat during the fourth quarter valued at approximately $1,232,000. Exchange Traded Concepts LLC acquired a new position in shares of Solstice Advanced Mat during the fourth quarter worth approximately $1,215,000. Wallington Asset Management LLC acquired a new position in shares of Solstice Advanced Mat during the fourth quarter worth approximately $974,000. Finally, Parsons Capital Management Inc. RI bought a new position in shares of Solstice Advanced Mat in the 4th quarter worth $625,000.
Wall Street Analyst Weigh In Several analysts recently issued reports on the stock. Weiss Ratings raised shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. UBS Group reaffirmed a “buy” rating and issued a $87.00 price objective on shares of Solstice Advanced Mat in a research note on Thursday, February 12th. Wall Street Zen upgraded shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. Royal Bank Of Canada raised shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Finally, Vertical Research upgraded shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a report on Wednesday, January 7th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $67.00.
View Our Latest Report on Solstice Advanced Mat
Solstice Advanced Mat Stock Performance NASDAQ SOLS opened at $76.42 on Friday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.39 and a quick ratio of 0.98. The company has a fifty day moving average of $72.95. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $84.44. The stock has a market cap of $12.13 billion and a price-to-earnings ratio of 293.92.
Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) last posted its earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.14). The firm had revenue of $987.00 million for the quarter, compared to analysts’ expectations of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.
Solstice Advanced Mat Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were paid a $0.075 dividend. The ex-dividend date was Tuesday, February 24th. This represents a $0.30 annualized dividend and a yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio (DPR) is 115.38%.
Solstice Advanced Mat Profile (Free Report)
Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.
Further Reading Five stocks we like better than Solstice Advanced Mat
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Solstice Advanced Materials NASDAQ: SOLS is a relatively new stock to the market, but one that has gotten off to a blistering start. At the end of October 2025, the over $100 billion industrial conglomerate Honeywell International NASDAQ: HON spun out the company.
Since that time, Solstice shares have gone on an impressive run, up more than 50%. This comes as the firm is benefiting from key tailwinds across both the nuclear energy and semiconductor industries.
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Investors should likely temper their excitement given Solstice's current share price, which bakes in years of extensive growth. However, with the firm at the intersection of two top investment trends, Solstice is a name to watch should its valuation retreat significantly.
U.S. Uranium Conversion Runs Through Solstice Largely due to the rapid deployment of artificial intelligence (AI) data centers, nuclear energy and advanced semiconductor demand are on a big upswing. Many hyperscalers want to accelerate nuclear adoption due to rising electricity demand. This can help fulfill two key goals.
First off, nuclear energy is low-carbon, allowing these firms to make good on their clean energy commitments. Additionally, unlike other renewable sources like wind and solar, nuclear sites can run constantly, supporting demanding and continuous AI workloads.
Notably, Solstice owns the Metropolis Works uranium hexafluoride (UF6) conversion facility. This makes the firm the only domestic provider of UF6 conversion services. Solstice converts raw uranium into UF6 before it moves on to other producers in the fuel fabrication cycle.
Clearly, this gives Solstice a level of importance in national energy security. This is particularly true as the company notes that there are only four other UF6 conversion sites in the world. According to 2022 data, one of these is in Russia and another is in China, both countries that have adversarial relations with the United States.
Due to the rise in nuclear demand, capacity at the Metropolis facility is nearly sold out through 2030 and holds an over $2 billion backlog. Bank of America estimates that global nuclear energy capacity could triple by 2050, creating a significant opportunity for Solstice in a fragmented market.
A key threat is the entrance of new competitors. However, Solstice notes that getting new facilities production-ready takes four to five years.
SOLS’s Copper Manganese: A Vital Input for AI Semiconductors Meanwhile, advanced semiconductors are fundamental to the proliferation of AI. Solstice holds a similarly strong position as an advanced chip material supplier.
This comes as the firm makes copper manganese sputtering targets: essential for building semiconductors at process nodes below seven nanometers (nm). The company says it is “really the only producer that has copper manganese at scale." It also notes that it is one of only two or three suppliers in the world.
Solstice sees the demand for copper manganese continuing to increase as AI progresses. Moving to smaller and smaller process nodes is among the most important vectors for increasing semiconductor performance. As process nodes fall, they require more copper manganese.
The increased commitment to U.S.-based advanced semiconductor manufacturing also benefits Solstice, making these customers more likely to buy from it due to proximity. Top players in the semiconductor industry are investing heavily:
Taiwan Semiconductor Manufacturing NYSE: TSM is producing its 4nm chips in Arizona and plans to bring its 3nm process online by 2027. Samsung Electronics OTCMKTS: SSNLF plans to produce 2nm chips at its facility in Taylor, Texas. Intel NASDAQ: INTC plans to invest $100 billion to expand its chipmaking capacity in the U.S., with its Fab 52 designed to make 1.8nm chips. To support rising demand, Solstice is investing $200 million to double its sputtering target manufacturing capacity at its facility in Washington State. Overall, copper manganese demand is another significant opportunity that the firm is taking advantage of, and SOLS sees substantial runway for future growth in this space.
SOLS: A Watchlist Stock Amid Demand From High-Growth Industries Solstice Advanced Mat Stock Forecast Today12-Month Stock Price Forecast:
$87.38
12.47% Upside
Hold
Based on 10 Analyst Ratings
Current Price$77.69High Forecast$101.00Average Forecast$87.38Low Forecast$60.00Solstice Advanced Mat Stock Forecast Details
In its latest quarter, Solstice’s nuclear business grew by an impressive clip of 39% year over year (YOY). Meanwhile, its Electronic Materials division, which houses sputtering targets revenue, grew by a solid 19% YOY. Despite this, it is important to note that Solstice is a highly diversified business, not a pure play on nuclear and semiconductor trends. In 2024, nuclear and semiconductors combined for just 22% of total revenue.
Thus, total sales grew by just 3% YOY in 2025 and 8% YOY in Q4 2025. In 2026, the company’s revenue growth projection sits near 4%. This doesn’t line up favorably compared to Solstice’s valuation, making the stock's outlook questionable at current levels.
Overall, Solstice is clearly an interesting company, acting as a key supplier within the nuclear and semiconductor investment cycles.
This makes the stock one to watch going forward, should its aggregate fundamentals or valuation shift meaningfully.
Should You Invest $1,000 in Solstice Advanced Mat Right Now?Before you consider Solstice Advanced Mat, you'll want to hear this.
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MORRIS PLAINS, N.J., April 6, 2026 /PRNewswire/ -- Solstice Advanced Materials (NASDAQ: SOLS) ("Solstice" or "the Company") will issue its first quarter financial results before market open on May 6, 2026.
Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) saw unusually large options trading activity on Monday. Stock traders purchased 10,746 put options on the company. This represents an increase of approximately 576% compared to the typical volume of 1,589 put options.
Institutional Inflows and Outflows Several hedge funds have recently modified their holdings of SOLS. Exchange Traded Concepts LLC acquired a new position in Solstice Advanced Mat in the 4th quarter valued at $1,215,000. Beacon Investment Advisory Services Inc. acquired a new position in Solstice Advanced Mat during the 4th quarter worth $493,000. Ferguson Wellman Capital Management Inc. acquired a new position in Solstice Advanced Mat during the 4th quarter worth $2,259,000. Wallington Asset Management LLC bought a new stake in Solstice Advanced Mat during the fourth quarter valued at about $974,000. Finally, IVC Wealth Advisors LLC bought a new stake in Solstice Advanced Mat during the fourth quarter valued at about $1,198,000.
Analysts Set New Price Targets A number of equities research analysts have issued reports on the stock. Zacks Research upgraded shares of Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Mizuho set a $80.00 target price on shares of Solstice Advanced Mat in a research report on Friday, February 13th. Wall Street Zen upgraded shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Royal Bank Of Canada upgraded shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $67.00.
Get Our Latest Stock Analysis on SOLS
Solstice Advanced Mat Stock Up 2.1% Shares of SOLS opened at $78.03 on Tuesday. The business’s fifty day simple moving average is $73.28. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $84.44. The firm has a market cap of $12.39 billion and a price-to-earnings ratio of 300.12. The company has a current ratio of 1.39, a quick ratio of 0.98 and a debt-to-equity ratio of 1.50.
Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.14). The firm had revenue of $987.00 million for the quarter, compared to the consensus estimate of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.
Solstice Advanced Mat Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were paid a dividend of $0.075 per share. The ex-dividend date was Tuesday, February 24th. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio is 115.38%.
Solstice Advanced Mat Company Profile (Get Free Report)
Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.
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Baxter Bros Inc. bought a new stake in Solstice Advanced Mat (NASDAQ:SOLS – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 12,702 shares of the company’s stock, valued at approximately $617,000.
Other institutional investors have also modified their holdings of the company. DiNuzzo Private Wealth Inc. acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at about $26,000. Peoples Financial Services CORP. bought a new stake in shares of Solstice Advanced Mat during the 4th quarter valued at about $37,000. Towne Trust Company N.A bought a new stake in shares of Solstice Advanced Mat during the 4th quarter valued at about $44,000. Bernard Wealth Management Corp. bought a new stake in shares of Solstice Advanced Mat during the 4th quarter valued at about $58,000. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych bought a new stake in shares of Solstice Advanced Mat during the 4th quarter valued at about $79,000.
Analyst Ratings Changes SOLS has been the subject of a number of recent research reports. UBS Group downgraded shares of Solstice Advanced Mat from a “buy” rating to a “neutral” rating and set a $87.00 price objective for the company. in a research report on Monday. Royal Bank Of Canada raised shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Zacks Research upgraded shares of Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. Finally, Mizuho set a $80.00 target price on shares of Solstice Advanced Mat in a research report on Friday, February 13th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Solstice Advanced Mat presently has an average rating of “Hold” and a consensus price target of $67.00.
Get Our Latest Report on SOLS
Solstice Advanced Mat Price Performance Solstice Advanced Mat stock opened at $79.96 on Friday. The company has a 50 day moving average of $75.97. The company has a quick ratio of 0.98, a current ratio of 1.39 and a debt-to-equity ratio of 1.50. The company has a market capitalization of $12.70 billion and a PE ratio of 307.54. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $84.44.
Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.14). The firm had revenue of $987.00 million for the quarter, compared to analyst estimates of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.
Solstice Advanced Mat Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were issued a $0.075 dividend. The ex-dividend date was Tuesday, February 24th. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio (DPR) is 115.38%.
Solstice Advanced Mat Profile (Free Report)
Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.
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Davidson Investment Advisors bought a new position in Solstice Advanced Mat (NASDAQ:SOLS – Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 112,904 shares of the company’s stock, valued at approximately $5,485,000. Davidson Investment Advisors owned about 0.07% of Solstice Advanced Mat as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Exchange Traded Concepts LLC acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter worth $1,215,000. Aberdeen Group plc acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter worth $8,227,000. Beacon Investment Advisory Services Inc. purchased a new position in shares of Solstice Advanced Mat during the 4th quarter worth $493,000. Ferguson Wellman Capital Management Inc. purchased a new position in shares of Solstice Advanced Mat during the 4th quarter worth $2,259,000. Finally, Blue Trust Inc. purchased a new position in shares of Solstice Advanced Mat during the 4th quarter worth $324,000.
Solstice Advanced Mat Price Performance Shares of Solstice Advanced Mat stock opened at $81.20 on Monday. The firm’s 50-day moving average price is $76.30. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $84.44. The stock has a market cap of $12.89 billion and a PE ratio of 312.31. The company has a quick ratio of 0.98, a current ratio of 1.39 and a debt-to-equity ratio of 1.50.
Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) last announced its earnings results on Wednesday, February 11th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The company had revenue of $987.00 million during the quarter, compared to the consensus estimate of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.
Solstice Advanced Mat Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Tuesday, February 24th. Solstice Advanced Mat’s dividend payout ratio (DPR) is presently 115.38%.
Analyst Ratings Changes SOLS has been the subject of a number of research analyst reports. Mizuho set a $80.00 price target on Solstice Advanced Mat in a report on Friday, February 13th. Vertical Research upgraded Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price target for the company in a report on Wednesday, January 7th. Zacks Research upgraded Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings upgraded Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Finally, UBS Group cut Solstice Advanced Mat from a “buy” rating to a “neutral” rating and set a $87.00 price target for the company. in a report on Monday, April 13th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $67.00.
Check Out Our Latest Research Report on Solstice Advanced Mat
About Solstice Advanced Mat (Free Report)
Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.
Featured Stories Five stocks we like better than Solstice Advanced Mat Want to see what other hedge funds are holding SOLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Solstice Advanced Mat (NASDAQ:SOLS – Free Report).
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Patriot Financial Group Insurance Agency LLC bought a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 6,884 shares of the company’s stock, valued at approximately $334,000.
Several other hedge funds have also modified their holdings of the company. DiNuzzo Private Wealth Inc. acquired a new position in shares of Solstice Advanced Mat during the 4th quarter worth about $26,000. JNBA Financial Advisors acquired a new position in shares of Solstice Advanced Mat during the 4th quarter worth about $29,000. Peoples Financial Services CORP. acquired a new position in shares of Solstice Advanced Mat during the 4th quarter worth about $37,000. Towne Trust Company N.A acquired a new position in shares of Solstice Advanced Mat during the 4th quarter worth about $44,000. Finally, Bernard Wealth Management Corp. acquired a new position in shares of Solstice Advanced Mat during the 4th quarter worth about $58,000.
Wall Street Analysts Forecast Growth SOLS has been the subject of several research analyst reports. Royal Bank Of Canada upgraded shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Mizuho set a $80.00 price target on shares of Solstice Advanced Mat in a research report on Friday, February 13th. Zacks Research upgraded shares of Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. Vertical Research upgraded shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price target for the company in a research report on Wednesday, January 7th. Finally, UBS Group downgraded shares of Solstice Advanced Mat from a “buy” rating to a “neutral” rating and set a $87.00 price target for the company. in a research report on Monday, April 13th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $67.00.
Read Our Latest Stock Analysis on Solstice Advanced Mat
Solstice Advanced Mat Stock Performance SOLS stock opened at $81.20 on Monday. The firm has a market cap of $12.89 billion and a P/E ratio of 312.31. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.98 and a current ratio of 1.39. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $84.44. The company has a 50-day simple moving average of $76.30.
Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The business had revenue of $987.00 million for the quarter, compared to the consensus estimate of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.
Solstice Advanced Mat Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were issued a $0.075 dividend. The ex-dividend date was Tuesday, February 24th. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio is presently 115.38%.
Solstice Advanced Mat Profile (Free Report)
Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.
Further Reading Five stocks we like better than Solstice Advanced Mat Want to see what other hedge funds are holding SOLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Solstice Advanced Mat (NASDAQ:SOLS – Free Report).
Receive News & Ratings for Solstice Advanced Mat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solstice Advanced Mat and related companies with MarketBeat.com's FREE daily email newsletter.
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Accelerates portfolio simplification as Honeywell prepares for the planned spin-off of its Aerospace business, on track for Q3 2026
, /PRNewswire/ -- Honeywell (Nasdaq: HON) today announced that it has agreed to sell its Productivity Solutions and Services ("PSS") business to Brady Corporation, an international manufacturer of identification and protection solutions, for $1.4 billion in an all-cash transaction. The transaction is expected to be completed in the second half of 2026 and is subject to regulatory approvals and customary closing conditions.
The transaction follows the review of strategic alternatives Honeywell commenced in July 2025 for PSS and its Warehouse and Workflow Solutions ("WWS") business to further simplify the company's portfolio alongside the planned spin-off of its Aerospace business, which is expected to be complete in the third quarter of 2026. Honeywell remains actively engaged in its assessment of strategic alternatives for WWS, which operates commercially under the brand names Intelligrated and Transnorm.
"With the PSS divestiture, we are nearing completion of our multi-year portfolio transformation, further accelerating value creation as we prepare to separate our Aerospace and Automation businesses into two independent industry leading public companies. The sale also enables us to continue strengthening our financial and operational focus on the company's core businesses," said Vimal Kapur, Chairman and CEO of Honeywell.
"Going forward, PSS will benefit from Brady's highly complementary and specialized leadership in industrial identification and safety, creating a broader, more integrated offering for warehouse, logistics and manufacturing customers," Kapur added.
With 2025 revenue of approximately $1.1 billion, PSS is a leading provider of mobile computers, barcode scanners and printing solutions serving the warehouse and logistics market. PSS is currently part of Honeywell's Industrial Automation (IA) business portfolio.
Brady Corporation (NYSE: BRC) is an international manufacturer and marketer of high-performance labels, signs, safety devices and printing systems for industries that include electronics, manufacturing and aerospace. Brady provides products that enhance safety, security and productivity. The acquisition of PSS will help build Brady's capabilities in data capture, mobile computing and workflow automation, increasing its portfolio serving industrial and logistics customers, while creating a more integrated, end‑to‑end productivity and safety platform.
This announcement follows the divestiture of Honeywell's Personal Protective Equipment (PPE) business in 2024 and the spin-off of its Advanced Materials business as Solstice Advanced Materials (Nasdaq: SOLS) in October 2025. It also builds on the prior strategic actions Honeywell has taken to drive organic growth and optimize its portfolio, including announcing approximately $14 billion of accretive and synergistic acquisitions since 2023: Compressor Controls Corporation, SCADAfence, the Access Solutions business from Carrier Global, Civitanavi Systems, CAES Systems, the LNG business from Air Products, Sundyne, Li-ion Tamer and Johnson Matthey's Catalyst Technologies Business.
Centerview Partners is serving as financial advisor to Honeywell. Kirkland & Ellis LLP, Baker McKenzie and Womble Bond Dickinson are providing external legal counsel.
About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
Forward Looking Statement
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including statements related to the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including Honeywell's current expectations, estimates, and projections regarding the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements, including the proposed separation of Honeywell from Honeywell Aerospace and the planned sale of the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses, and the anticipated benefits of each. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, including ongoing conflicts in the Middle East, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and our other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.
, /PRNewswire/ -- Solstice Advanced Materials (NASDAQ: SOLS), today announced that its Board of Directors has declared a regular quarterly dividend payment of seven and a half cents ($0.075) per share of the Company's common stock. The dividend will be payable on June 10, 2026, to shareowners of record as of the close of business on May 27, 2026.
About Solstice Advanced Materials
Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more. Solstice is recognized for developing next-generation materials through some of the industry's most renowned brands such as Solstice®, Genetron®, Aclar®, Spectra®, Fluka™ and Hydranal™. Partnering with over 3,000 customers across more than 120 countries and territories and supported by a robust portfolio of over 5,700 patents and pending applications, Solstice's approximately 4,100 employees worldwide drive innovation in materials science. For more information, visit www.Solstice.com.
Forward-Looking Statements
This news release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts, but rather are based on current expectations, estimates, assumptions and projections. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Risks and uncertainties include, without limitation, ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, and inflation, that can affect Solstice's performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, Solstice's 2025 Annual Report on Form 10-K, and other filings with the Securities and Exchange Commission. Any forward-looking plans described herein are not final and may be modified or abandoned at any time. Solstice does not undertake to update or revise any of its forward-looking statements, which speak only as of the date they are made..
Partnership with the only supplier of domestically produced commercial uranium hexafluoride (UF₆) in the United States marks a pivotal fuel cycle milestone as Hadron advances toward the GigCapital7 shareholder vote scheduled for May 7, 2026 and closing its deSPACing at a market-aligned $600 million valuation, and the Company’s Principal Design Criteria White Paper now before the NRC
NEW YORK--(BUSINESS WIRE)--Hadron Energy, Inc. (“Hadron” or the “Company”), developer of the Halo Micro-Modular Reactor (“MMR”), today announced the signing of a Uranium Conversion Services Agreement with ConverDyn, GP, the marketing agent for the only commercial uranium hexafluoride (UF₆) conversion facility in the United States, which is owned and operated by Solstice Advanced Materials (Nasdaq: SOLS). The Agreement secures a foundational and non-replicable step in Hadron’s domestic nuclear fuel cycle, directly enabling both the first deployment of the Halo MMR and its scalable commercial rollout.
The announcement arrives at an inflection point for U.S. energy infrastructure. AI data centers, advanced manufacturing facilities, and industrial operators are confronting power constraints that traditional grid solutions cannot resolve on commercially relevant timelines. Multi-year interconnection queues, aging transmission infrastructure, and surging load growth are driving a structural shift toward firm, on-site generation that operates independently of the grid. Hadron’s Halo MMR is built precisely for that environment: a 10 MWe light-water reactor that is fully factory-fabricated and truck-transportable, capable of delivering continuous, carbon-free nuclear power wherever it is needed most.
By securing ConverDyn, the sole supplier of domestic produced UF₆, Hadron has established a fuel supply pathway that is resilient, U.S.-based, and anchored in proven infrastructure which represents a significant and non-replicable supply chain moat.
The Fuel Supply Chain Starts Here
Uranium conversion is the critical first step in transforming mined uranium into reactor fuel. Before uranium can be enriched and fabricated into fuel assemblies, it must first be converted into UF₆— a process that Solstice uniquely performs at commercial scale within the United States exclusively for ConverDyn. By securing this relationship at this stage of its development, Hadron has established a fully domestic fuel supply pathway, reducing geopolitical supply chain risk and building the regulatory and operational credibility that an advanced reactor program of this ambition demands.
Under the Agreement, ConverDyn will supply UF₆ supporting Hadron’s fuel fabrication pathway beginning with the Halo MMR’s First-of-a-Kind (“FOAK”) deployment, with the potential to expand across subsequent commercial units as Hadron scales toward repeatable delivery. The collaboration spans the full commercialization of Hadron’s Halo microreactor commercial roadmap from first reactor to fleet scale deployment.
“Fuel is not a procurement afterthought, it has to be a foundational consideration from day one. Conversion is the critical first step that transforms uranium into a form that can be enriched and fabricated into reactor fuel. ConverDyn provides the only commercial UF₆ produced in the United States, and securing this relationship now means our fuel supply pathway is grounded in domestic infrastructure, regulatory familiarity, and operational credibility. That is exactly the kind of supply chain foundation a program like ours needs to move from design and licensing to a fueled, operating reactor.”
— Ross Ridenoure, Chief Nuclear Officer, Hadron Energy
Supply Chain Credibility as a Competitive Asset Building Upon Strategic Partnerships
Hadron has been deliberately and methodically assembling the supply chain, licensing infrastructure, and strategic partnerships required to move from design and development to a fueled, operating reactor, and the velocity and quality of those milestones send a signal that matters to investors, customers, and regulators alike.
The ConverDyn agreement follows Hadron’s recent Memorandum of Understanding with Paragon Energy Solutions, a Mirion Technologies Company, to develop the Instrumentation & Control (“I&C”) architecture for the Halo MMR — a critical subsystem milestone on the path to NRC licensing and commercial deployment. Hadron has also received NRC acceptance of its Quality Assurance Program Description (“QAPD”) Topical Report for review, an early but foundational step in the licensing process that establishes the quality framework governing all of Hadron’s nuclear design, procurement, and construction activities. Additionally, on April 10, 2026, Hadron submitted its Principal Design Criteria (PDC) White Paper to the U.S. Nuclear Regulatory Commission as part of the formal pre-application engagement process under 10 CFR Part 52, formalizing the technical and safety framework that will govern all future license applications for the Halo MMR. The NRC provided favorable feedback on Hadron’s proposed regulatory approach during a December 2025 pre-application meeting, meaningfully de-risking the Company’s path to commercialization.
On the commercial side, Hadron has signed a non-binding Memorandum of Understanding with Smartland Energy, LLC, establishing a portfolio-scale framework for the potential deployment of the Halo MMR across up to five qualified Smartland behind-the-meter power projects over time, representing aggregate capacity demand of approximately 1.8 GWe. In connection with the MOU, Smartland made an initial strategic investment in Hadron, reflecting long-term conviction in the platform’s commercial viability.
These milestones reflect a company building technical, regulatory, and supply chain infrastructure in parallel with its reactor design, the approach that best-in-class nuclear developers use to collapse timelines and de-risk the path to commercial power. The SEC declared the Form S-4 registration statement of GigCapital7 Corp. (Nasdaq: GIG) effective on April 15, 2026, and the shareholder vote to approve the proposed business combination, which places a pro-forma equity valuation of approximately $600 million on Hadron prior to the business combination to align with current public market conditions and Hadron’s commitment to entering the public markets from a position of credibility and long-term strength, is scheduled for May 7, 2026. Hadron is expected to trade on the Nasdaq Stock Market under the ticker symbol “HDRN.” Hadron has also completed a $7.5 million pre-deSPACing bridge equity financing via SAFE notes from strategic investors, further capitalizing this roadmap ahead of listing.
“The companies that will deploy first are the ones that treat supply chain as a core engineering problem, not a procurement afterthought. Following our PDC submission to the NRC, our I&C collaboration with Paragon, and our portfolio-scale MOU with Smartland, this Conversion Services Agreement with ConverDyn adds another foundational layer to our commercialization roadmap. We are building a supply chain that is domestic, credible, and resilient because that is what our customers and our investors should expect from us.”
— Sam Gibson, Founder & Chief Executive Officer, Hadron Energy
“We’re excited to partner with Hadron, a next-generation SMR developer, at a pivotal moment for the industry. ConverDyn brings decades of experience and a commercially proven position in the domestic nuclear fuel supply chain, providing the critical capabilities needed to support advanced reactor deployment. Through this partnership, Hadron will receive high-purity UF₆ produced using advanced processes and the deep operational expertise at Solstice Metropolis Works. This collaboration underscores how strong partnerships and established infrastructure are essential to scaling the next generation of nuclear energy.”
— Malcolm Critchley, President & CEO, ConverDyn
About Hadron Energy, Inc.
Hadron is a pioneer in MMR technology. Designed to deliver 10 MWe of continuous power, the Halo MMR is smaller, more cost-effective, and faster to deploy than other proposed nuclear power solutions. The reactor’s vessel, core, and containment shell are fully truck-transportable, enabling deployment across AI data centers, industrial hubs, remote communities, and infrastructure facilities where traditional power solutions cannot deliver. Hadron is advancing the Halo MMR through an integrated program of technical development, NRC licensing engagement, and a growing portfolio of strategic supply chain and deployment partnerships. For more information, please visit www.hadronenergy.com.
About ConverDyn
ConverDyn, a joint venture between Solstice Advanced Materials Inc. and General Atomics Inc., is the exclusive marketing and purchase agent for Solstice’s Metropolis Works uranium conversion facility in Metropolis, Illinois — the only operating commercial uranium conversion facility in the United States. ConverDyn provides uranium hexafluoride (UF₆) conversion and related services to nuclear utilities in North America, Europe and Asia, playing a critical role in the domestic nuclear fuel cycle.
About Solstice Advanced Materials
Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more. Solstice is recognized for developing next-generation materials through some of the industry's most renowned brands such as Solstice®, Genetron®, Aclar®, Spectra®, Fluka™ and Hydranal™. Partnering with over 3,000 customers across more than 120 countries and territories and supported by a robust portfolio of over 5,700 patents and pending applications, Solstice’s approximately 4,100 employees worldwide drive innovation in materials science. For more information, visit www.Solstice.com.
About GigCapital7 Corp.
GigCapital7 Corp. is a Private-to-Public Equity (PPE)™ company, also known as a special purpose acquisition company (SPAC), with a Mentor-Investor™ methodology and a mission to partner with a high technology differentiating company to forge a successful path to the public markets through a business combination. GigCapital7 Corp. aims to partner with an innovative company with exceptional leaders in order to create an industry-leading partnership that will be successful for years to come.
Private-to-Public Equity (PPE)™ and Mentor-Investor™ are trademarks of GigManagement, LLC, a member entity of GigCapital Global and affiliate of GigCapital7 Corp., used pursuant to agreement.
Forward-Looking Statements
This press release includes certain statements that may be considered forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include, without limitation, statements about future events or Hadron’s or GigCapital7’s future financial or operating performance. For example, statements regarding the Uranium Conversion Services Agreement with ConverDyn and the supply of uranium hexafluoride (UF₆); the development and translation into an operational reactor of the Hadron Halo MMR, and its subsequent construction and performance, including with respect to quality control and safety; Hadron’s anticipated growth and other metrics; the anticipated future demand of energy; the future demand and commercialization of the Hadron Halo MMR; potential relationships or engagements; the outcome of Hadron’s regulatory submissions; and statements regarding the benefits of the business combination between the parties and the anticipated timing of the completion of the business combination are all forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations thereof or similar terminology.
These forward-looking statements regarding future events and the future results of Hadron and GigCapital7 are based upon estimates and assumptions that, while considered reasonable by Hadron, GigCapital7, and their respective management teams, are inherently uncertain and subject to risks, variability and contingencies, many of which are beyond Hadron’s or GigCapital7’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the occurrence of any event, change or other circumstances that could give rise to the termination of the business combination agreement or other definitive agreements in connection thereto; the outcome of any legal proceedings that may be instituted against Hadron, GigCapital7 or others following the announcement of the business combination and any definitive agreements with respect thereto; the inability to complete the business combination due to the failure to obtain consents and approvals of the shareholders of GigCapital7; failure to obtain financing to complete the business combination or to satisfy other conditions to closing; delays or failures to obtain necessary regulatory approvals required to complete the business combination or related transactions; changes to the proposed structure of the business combination as a result of applicable laws, regulations or conditions; projections, estimates and forecasts of revenue and other financial and performance metrics; projections about industry trends and market opportunity; expectations relating to the demand for Hadron’s Halo MMR; Hadron’s ability to scale and grow its business; the cash position of Hadron following closing of the business combination; the ability to meet listing standards in connection with, and following, the consummation of the business combination; the risk that the business combination disrupts current plans and operations of Hadron as a result of the announcement and consummation of the business combination; the ability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of Hadron to successfully commercialize its Halo MMR, and Hadron’s ability to source and maintain key relationships with management and key employees; costs related to the business combination; changes in applicable laws and regulations; political and economic developments and market volatility; the risk that Hadron does not ever enter into any definitive agreements in connection with commercialization of its technology; the risk that Hadron is pursuing an emerging market; and other risks and uncertainties set forth under “Risk Factors” and other documents filed, or to be filed, with the SEC by GigCapital7 and/or Hadron, including the registration statement that Hadron and GigCapital7 filed in connection with the business combination (the “Registration Statement”).
If any of these risks materialize or Hadron’s assumptions prove incorrect, actual results could differ materially from the results implied by the forward-looking statements. There may be additional risks that Hadron or GigCapital7 do not presently know or currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of Hadron or GigCapital7 reflect the expectations, plans or forecasts of future events and views of Hadron and GigCapital7 and speak only as of the date they are made. Neither Hadron nor GigCapital7 undertake any obligation to update any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. These forward-looking statements should not be relied upon as representing Hadron’s or GigCapital7’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Additional Information About the Transaction and Where to Find It
The proposed transaction is being submitted to GigCapital7’s shareholders for their consideration and approval. GigCapital7 and Hadron have filed with the SEC the Registration Statement that includes a prospectus relating to the offer of securities to be issued in connection with the business combination and GigCapital7 has filed a final prospectus/ definitive proxy statement, which is being distributed to GigCapital7’s shareholders in connection with GigCapital7’s solicitation of proxies for the shareholder vote in connection with the proposed business combination and other matters as described in the Registration Statement. GigCapital7 is mailing the final prospectus/definitive proxy statement and other relevant documents (the “GigCapital7 Shareholder Materials”) to its shareholders as of April 15, 2026, the record date established for voting on the proposed business combination. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, GIGCAPITAL7’S SHAREHOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ, WHEN AVAILABLE, THE FINAL PROSPECTUS/DEFINITIVE PROXY STATEMENT AND ALL OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE SEC IN CONNECTION WITH GIGCAPITAL7’S SOLICITATION OF PROXIES FOR THE EXTRAORDINARY GENERAL MEETING OF ITS SHAREHOLDERS TO BE HELD TO APPROVE THE BUSINESS COMBINATION AND OTHER MATTERS AS DESCRIBED IN THE PROSPECTUS/PROXY STATEMENT BECAUSE THESE DOCUMENTS CONTAIN IMPORTANT INFORMATION ABOUT GIGCAPITAL7, HADRON AND THE PROPOSED BUSINESS COMBINATION. Shareholders and other interested parties may obtain a copy of these documents, without charge, at the SEC’s website located at www.sec.gov or by directing a written request to GigCapital7 Corp., Attn: Corporate Secretary, 1731 Embarcadero Rd., Suite 200, Palo Alto, CA.
NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE BUSINESS COMBINATION OR ANY INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS COMBINATION OR ANY RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS COMMUNICATION. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.
Participants in the Solicitation
Hadron, GigCapital7 and their respective directors, executive officers, management and employees, under SEC rules, may be deemed to be participants in a solicitation of proxies of GigCapital7’s shareholders in connection with the business combination. Investors and shareholders may obtain more detailed information regarding the names, affiliations, and interests of GigCapital7’s directors and executive officers in its filings with the SEC, including GigCapital7’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on March 6, 2026. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of GigCapital7 shareholders in connection with the business combination is set forth in the Registration Statement, along with information concerning the interests of Hadron’s and GigCapital7’s participants in the solicitation. Such interests may in some cases be different from those of Hadron’s or GigCapital7’s equity holders generally.
No Offer or Solicitation
This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This communication is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of the securities described herein in the United States or any other jurisdiction. No offer of securities shall be made except by means of a prospectus filed with the SEC meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or exemptions therefrom.
Net Sales of $991 million up 10% YoY reflecting double-digit growth in Nuclear, Electronic Materials, and Refrigerants Net Income attributable to Solstice Advanced Materials of $85 million, Diluted Earnings per Share (EPS) of $0.53, and Adjusted diluted EPS1 of $0.63 Adjusted EBITDA1 of $249 million, with Adjusted EBITDA Margin1 of 25.1% Operating Cash Flow of $199 million, Free Cash Flow1 of $124 million Company reaffirms Full-Year 2026 Guidance , /PRNewswire/ -- Solstice Advanced Materials (Nasdaq: SOLS) ("Solstice" or "the Company"), a global leader in high-performance specialty materials, today reported financial results for the first quarter of 2026.
"Solstice delivered a strong start to 2026, with results ahead of our first-quarter outlook and continued momentum in our highest-growth platforms," said David Sewell, President and Chief Executive Officer. "Demand in Nuclear, Electronic Materials and Refrigerants remains robust, reinforcing our confidence in the secular growth trends driving our business including artificial intelligence, data centers, semiconductor manufacturing and nuclear energy. We are investing behind these opportunities with discipline, while maintaining balance sheet flexibility and returning cash to shareholders through our dividend. Although we continue to manage near-term refrigerant mix dynamics and an uncertain macroeconomic backdrop, our first-quarter execution gives us confidence in our ability to deliver our full-year commitments."
Consolidated Financial Highlights
For The Three Months Ended March 31,
(Dollars in millions, except per share amounts)
2026
2025
% Change
Net Sales
$ 991
$ 897
10 %
Net Income attributable to Solstice Advanced
Materials
$ 85
$ 134
(37) %
Diluted EPS
$ 0.53
$ 0.85
(37) %
Adjusted diluted EPS1
$ 0.63
N/A
N/A
Adjusted EBITDA1,2
$ 249
$ 250
— %
Adjusted EBITDA Margin1,2
25.1 %
27.9 %
(277) bps
Net Sales in the first quarter of 2026 were $991 million, a 10% increase compared to the first quarter of 2025, reflecting a 12% increase in Net Sales in the Refrigerants & Applied Solutions segment and a 7% increase in Net Sales in the Electronic & Specialty Materials segment. Organic Net Sales1 increased by 8% in the first quarter of 2026 driven by both volume growth and favorable pricing.
Net Income attributable to Solstice Advanced Materials in the first quarter of 2026 was $85 million, compared to Net Income attributable to Solstice Advanced Materials of $134 million in the first quarter of 2025. The decline was primarily driven by higher standalone company operating costs, R&D investments, net interest expense, and non-controlling interest, partially offset by higher Net Sales.
Adjusted EBITDA1,2 for the first quarter of 2026 was $249 million relatively unchanged compared to the first quarter of 2025. Adjusted EBITDA Margin1,2 for the first quarter of 2026 decreased 277 basis points to 25.1%. The decrease was primarily driven by previously communicated factors including the near-term margin impact of the ongoing transition to low global warming potential ("LGWP") refrigerants and higher R&D spend, partially offset by volume growth and favorable pricing.
Financial Position
Operating Cash Flow for the first quarter of 2026 was $199 million. Capital Expenditures3 for the first quarter of 2026 were $82 million, a 32% increase compared to the prior-year period due to planned increases in capital spending intended to drive long-term growth. Free Cash Flow1 for the first quarter of 2026 was $124 million.
As of March 31, 2026, the Company's Total Long-Term Debt was $2.0 billion and Cash and Cash Equivalents were approximately $642 million. As a result, the Company's Net Leverage ratio was approximately 1.4x based on a trailing twelve-month Adjusted EBITDA1. Total liquidity was approximately $1.6 billion, including Cash and Cash Equivalents and $1.0 billion of availability through the Company's revolving credit facility.
Capital Deployment
The Company announced on April 27, 2026, that the Solstice Board of Directors approved a quarterly cash dividend of $0.075 per share. The dividend is expected to be paid on June 10, 2026 to shareowners of record as of May 27, 2026.
Net Sales for the Refrigerants & Applied Solutions segment were $711 million in the first quarter of 2026, up 12% compared to the first quarter of 2025. Net Sales in Refrigerants increased 19% in the first quarter of 2026 compared to the first quarter of 2025, reflecting strong volume and pricing across the business' product offerings. Nuclear revenues increased 27% in the first quarter of 2026 compared to the first quarter of 2025, reflecting both favorable pricing and increased volumes. Net Sales in Healthcare Packaging improved 9%, as customer demand patterns recovered following destocking in the second half of 2025. These increases were partially offset by an 8% decline in Building Solutions & Intermediates.
Segment Adjusted EBITDA for the Refrigerants & Applied Solutions segment decreased 3% in the first quarter of 2026 compared to the first quarter of 2025. Segment Adjusted EBITDA Margin for the segment decreased 522 basis points compared to the first quarter of 2025. The decrease was primarily driven by previously communicated changes in refrigerant mix as a result of the near-term impact of the ongoing transition to LGWP refrigerants, as well as higher R&D spend as we advance next-generation molecules. These decreases were partially offset by volume growth and favorable pricing.
Electronic & Specialty Materials (ESM)
For The Three Months Ended March 31,
(Dollars in millions)
2026
2025
% Change
Net Sales
Research & Performance Chemicals
$ 121
$ 121
— %
Electronic Materials
109
90
21 %
Safety & Defense Solutions
50
50
— %
ESM Segment Net Sales
$ 281
$ 261
7 %
ESM Segment Adjusted EBITDA
$ 58
$ 53
10 %
ESM Segment Adjusted EBITDA Margin
20.8 %
20.3 %
52 bps
Net Sales for the Electronic & Specialty Materials segment were $281 million in the first quarter of 2026, up 7% compared to the first quarter of 2025. Growth was primarily driven by a 21% increase in Electronic Materials reflecting volume growth on robust customer demand for deposition and thermal solutions in leading-edge applications. Safety & Defense sales were comparable to the prior year period due primarily to order timing. Research and Performance Chemicals revenues were unchanged reflecting growth in personal care, offset by ongoing end-market softness in construction markets.
Segment Adjusted EBITDA for the Electronic & Specialty Materials segment increased 10% in the first quarter of 2026 compared to the first quarter of 2025, primarily driven by volume growth in Electronic Materials. Segment Adjusted EBITDA Margin for the segment increased 52 basis points compared to the first quarter of 2025.
Corporate Expenses
Corporate Expenses totaled $52 million in the first quarter of 2026, compared to $32 million in the first quarter of 2025 due to incremental ongoing costs necessary to operate as an independent public company. There were no standalone cost adjustments in the first quarter of 2026, compared to $21 million in the first quarter of 2025, which was prior to the separation from Honeywell on October 30, 2025.
Income Tax Expense
Income Tax Expense was $31 million in the first quarter of 2026, a decrease of $16 million compared to the first quarter of 2025 due to lower pre-tax income, reflecting an adjusted effective tax rate of 23%.
2026 Financial Outlook
Solstice is reaffirming full-year 2026 financial guidance and providing guidance for the second quarter of 2026.
For full-year 2026, Solstice expects the following:
Net Sales in a range of $3.9 billion to $4.1 billion; Adjusted EBITDA1 in a range of $975 million to $1,025 million; Adjusted diluted EPS1 in a range of $2.45 and $2.75; and Capital Expenditures in a range of $400 million to $425 million. For the second quarter 2026, Solstice expects the following:
Net Sales in a range of $1.06 billion to $1.1 billion; and Adjusted EBITDA Margin1 in a range of 25% to 26%. "While the macroeconomic outlook remains uncertain, we are confident in our ability to deliver on our full-year 2026 targets," said David Sewell, President and Chief Executive Officer. "We remain focused on driving shareholder value as we execute our strategy and position Solstice for continued long-term success."
2026 Nuclear Business Informational Webinar
The Company plans to host an informational webinar on its Nuclear business on Thursday, June 4, 2026. A live webcast of the investor call as well as related presentation materials on the Investor Relations section of the Company's website, investor.solstice.com. Dial-in details will be made available closer to the event.
A replay of the webcast will be available shortly after the event concludes and will be available for 30 days following the presentation.
The Company does not provide a reconciliation of forward-looking Adjusted EBITDA (non-GAAP) or Adjusted diluted Earnings per Share to GAAP net income (loss) attributable to Solstice Advanced Materials, due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation. Because deductions (such as repositioning charges, impairment charges, and litigation and other matters) used to calculate projected net income (loss) vary based on actual events, the Company is not able to forecast on a GAAP basis with reasonable certainty all deductions needed in order to provide a GAAP calculation of projected net income (loss) at this time. The amount of these deductions may be material and, therefore, could result in projected GAAP net income (loss) being materially less than projected Adjusted EBITDA (non-GAAP) or Adjusted Net Income attributable to Solstice (non-GAAP). These statements represent forward-looking information and a projected financial outlook, and actual results may vary. Please see the risks and assumptions referred to in the "Forward-Looking Statements" section of this news release. The guidance in this news release is only effective as of the date it is given and will not be updated or affirmed unless and until the Company publicly announces updated or affirmed guidance.
________________________________________
1
This is a non-GAAP measure or a non-GAAP ratio. For further information on non-GAAP measures and non-GAAP ratios, please refer to the "Non-GAAP Financial Measures" section of this news release. Please also refer to tables at the end of this news release for a reconciliation of historical non-GAAP measures and ratios to the most directly comparable GAAP measure.
2
The three months ended March 31, 2025 represents Adjusted Standalone EBITDA (non-GAAP) and Adjusted Standalone EBITDA Margin (non-GAAP).
3
Capital expenditures represent capital expenditures incurred, whether accrued or paid in the current year.
Conference Call Details
Solstice will discuss its first quarter results during an investor conference call starting at 8:30 a.m. Eastern Time today. A live webcast of the investor call as well as related presentation materials will be available on the Investor Relations section of the Company's website, investor.solstice.com. The teleconference can be accessed by dialing 877-407-8029 (North America toll-free) or +1 201-689-8029 (international).
A replay of the webcast will be available shortly after the call concludes and will be available for 30 days following the presentation.
About Solstice Advanced Materials
Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more. Solstice is recognized for developing next-generation materials through some of the industry's most renowned brands such as Solstice®, Genetron®, Aclar®, Spectra®, Fluka™ and Hydranal™. Partnering with over 3,000 customers across more than 120 countries and territories and supported by a robust portfolio of over 5,700 patents and pending applications, Solstice's approximately 4,100 employees worldwide drive innovation in materials science. For more information, visit www.Solstice.com.
Forward-Looking Statements
This news release contains forward-looking statements, within the meaning of the federal securities laws made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 about us and our industry that involve substantial risks and uncertainties. These statements can be identified by the fact that they do not relate strictly to historical or current facts, but rather are based on current expectations, estimates, assumptions and projections about our industry and our business and financial results. Forward-looking statements often include words such as "anticipates," "estimates," "expects," "positioned," "projects," "forecasts," "intends," "plans," "continues," "could," "believes," "may," "will," "would," "should," "goals" and words and terms of similar substance in connection with discussions of future operating or financial performance. As with any projection or forecast, forward-looking statements are inherently susceptible to uncertainty and changes in circumstances. Our actual results may vary materially from those expressed or implied in our forward-looking statements. Accordingly, undue reliance should not be placed on any forward-looking statement made by us or on our behalf. Although we believe that the forward-looking statements contained in this report are based on reasonable assumptions, you should be aware that a variety of factors, many of which are difficult to predict and outside of our control, could affect our actual financial results or results of operations and could cause actual results to differ materially from those in such forward-looking statements, including, but not limited to: our limited operating history as an independent, publicly traded company and unreliability of historical consolidated financial information as an indicator of our future results; our ability to successfully develop new technologies and introduce new products; an overall decline in the health of the economy and the industries in which we operate, including as a result of inflation, tariffs and other trade barriers and restrictions, market volatility, geopolitical instability and social unrest, the possibility of an economic downturn or recession or other macroeconomic factors; changes in the price and availability of raw materials that we use to produce our products, including due to factors such as supply chain disruptions, including due to increased energy prices, and the impact of inflation; our ability to comply with complex government regulations and the impact of changes in such regulations; global climate change and related regulations and changes in customer demand; the public and political perceptions of nuclear energy and radioactive materials; economic, political, regulatory, foreign exchange and other risks of international operations; the impact of tariffs or other restrictions on foreign imports; our ability to borrow funds and access capital markets and any limitations in the terms of our indebtedness; our ability to compete successfully in the markets in which we operate; the effect on our revenue and cash flow from seasonal fluctuations and cyclical market conditions; concentrations of our credit, counterparty and market risk; our ability to successfully execute or effectively integrate potential acquisitions or complete potential divestitures; our joint ventures and strategic co-development partnerships; our ability to recruit and retain qualified personnel; potential material environmental liabilities; the hazardous nature of chemical manufacturing; decommissioning and remediation expenses and regulatory requirements; potential material litigation matters, including disputes related to the Spin-off (as defined herein); the impact of potential cybersecurity attacks, data privacy breaches and other operational disruptions; increasing stakeholder interest in public company performance, disclosure, and goal-setting with respect to sustainability matters; failure to maintain, protect and enforce our intellectual property or to be successful in litigation related to our intellectual property or the intellectual property of others, or competitors developing similar or superior intellectual property or technology; unforeseen U.S. federal income tax and foreign tax liabilities and our ability to achieve anticipated tax treatments in connection with the Spin-off; U.S. federal income tax reform; our ability to operate as an independent, publicly traded company without certain benefits available to us as a part of Honeywell International Inc. ("Honeywell") prior to the Spin-off, including managing the costs of operating as an independent company following the Spin-off; our ability to achieve some or all of the benefits that we expect to achieve from the Spin-off; our inability to maintain intellectual property agreements; potential timing, declaration, amount and payment of the Company's dividend program; potential cash contributions to defined benefit pension plans; and our ability to maintain proper and effective internal controls.
These and other factors are more fully discussed in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections included in our Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 19, 2026, and may be updated from time to time in our SEC filings. These risks could cause actual results to differ materially from those implied by forward-looking statements in this release. Even if our results of operations, financial condition and liquidity and the development of the industry in which we operate are consistent with the forward-looking statements contained in this release, those results or developments may not be indicative of results or developments in subsequent periods.
SOLSTICE ADVANCED MATERIALS INC.
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(AMOUNTS IN MILLIONS, EXCEPT PER SHARE AMOUNTS)
For The Three Months Ended
March 31,
2026
2025
Product sales
$ 915
$ 838
Service sales
77
59
Net sales
991
897
Costs, expenses and other
Cost of products sold
628
531
Cost of services sold
47
45
Total cost of products and services sold
675
577
Research and development expenses
28
22
Selling, general and administrative expenses
108
93
Transaction-related costs
23
28
Other expense (income)
(7)
(11)
Interest and other financial charges
29
1
Total costs, expenses and other
855
710
Income before taxes
136
188
Income tax expense
31
47
Net income
105
140
Less: Net income attributable to noncontrolling interest
20
6
Net income attributable to Solstice Advanced Materials
$ 85
$ 134
Basic earnings per share
$ 0.53
$ 0.85
Diluted earnings per share
$ 0.53
$ 0.85
Weighted average number of common shares outstanding - basic
158.8
158.7
Weighted average number of common shares outstanding - diluted
159.3
158.7
SOLSTICE ADVANCED MATERIALS INC.
CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS)
As of
March 31, 2026
December 31,
2025
ASSETS
Current assets:
Cash and cash equivalents
$ 642
$ 534
Accounts receivable, less allowances of $5 and $10, respectively
632
645
Inventories
704
715
Product loans receivable, current
311
300
Other current assets
146
193
Total current assets
2,436
2,388
Property, plant and equipment – net
2,084
2,055
Goodwill
819
820
Intangible assets – net
48
49
Deferred income taxes
6
6
Equity method investments
168
162
Other noncurrent assets
188
192
Total assets
$ 5,748
$ 5,673
LIABILITIES
Current liabilities:
Accounts payable
$ 910
$ 909
Current portion of long-term debt
6
4
Product loans payable, current
331
320
Finance lease liabilities, current
14
14
Accrued and other liabilities, current
444
467
Total current liabilities
1,705
1,713
Long-term debt
1,965
1,968
Deferred income taxes
237
233
Product loans payable, noncurrent
16
16
Finance lease liabilities, noncurrent
100
104
Other noncurrent liabilities
254
262
Total liabilities
4,275
4,296
Commitments and Contingencies
EQUITY
Common stock (par value $0.01 per share; 500,000,000 shares authorized; 158,795,531
shares issued and outstanding at March 31, 2026; 158,747,196 shares issued and
outstanding at December 31, 2025)
2
2
Additional paid-in capital
1,500
1,495
Accumulated other comprehensive loss
(128)
(127)
Retained earnings
113
41
Total Solstice Advanced Materials shareowners' equity
1,486
1,411
Noncontrolling interest
(14)
(34)
Total equity
1,473
1,377
Total liabilities and equity
$ 5,748
$ 5,673
SOLSTICE ADVANCED MATERIALS INC.
SUMMARIZED CASH FLOW INFORMATION (UNAUDITED)
(DOLLARS IN MILLIONS)
For The Three Months Ended
March 31,
2026
2025
Net cash provided by operating activities
$ 199
$ 160
Net cash used for investing activities:
Capital expenditures paid
$ (75)
$ (62)
Net cash used for financing activities:
Dividends
$ (12)
$ —
Non-GAAP Financial Measures
The Company uses non-GAAP financial measures to supplement the financial measures prepared in accordance with U.S. GAAP. These include (1) Organic sales percentage, (2) Adjusted EBITDA, (3) Adjusted EBITDA Margin, (4) Adjusted Standalone EBITDA, (5) Adjusted Standalone EBITDA margin, (6) Adjusted Net Income attributable to Solstice, (7) Adjusted diluted EPS, (8) Free cash flow, (9) Net debt, (10) Total leverage ratio, and (11) Net leverage ratio.
Below are definitions and reconciliations of certain non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with U.S. GAAP. Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. Management believes these non-GAAP financial measures provide investors with a meaningful measure of its performance period to period, align the measures to how management evaluates performance internally, and make it easier for investors to compare our performance to peers. These measures should be considered in addition to, and not as replacements for, the most directly comparable U.S. GAAP measure. The non-GAAP financial measures we use are as follows:
Organic sales percentage: The Company defines organic sales percentage as the year-over-year change in reported sales relative to the comparable period, excluding the impact on sales from foreign currency translation and acquisitions, net of divestitures, for the first 12 months following the transaction date. We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Standalone EBITDA, and Adjusted Standalone EBITDA margin: The Company defines Adjusted EBITDA as net income excluding income taxes, depreciation, amortization, interest and other financial charges, remeasurement of foreign currencies, stock-based compensation expense, nonoperating pension expense (income), transaction-related costs, repositioning charges, asset retirement obligations accretion, asset impairment charges, litigation costs and insurance settlements (net of recoveries), gains and losses on disposal of assets, and certain other items that are otherwise of an unusual or non-recurring nature. The Company defines Adjusted EBITDA margin as Adjusted EBITDA divided by Net sales. The Company defines Adjusted Standalone EBITDA as Adjusted EBITDA less, for fiscal year 2025, estimated recurring and ongoing costs required to operate a new independent public company, and autonomous entity adjustments as well as adjustments for certain other employee compensation expense for employees that have historically been shared with other Honeywell businesses and were transferred to the Company in connection with the spin-off. The Company defines Adjusted Standalone EBITDA Margin as Adjusted Standalone EBITDA divided by Net sales. We believe these measures are useful to investors as they provide greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as understanding ongoing operating trends. Adjusted net income attributable to Solstice and Adjusted diluted EPS: The Company defines Adjusted net income attributable to Solstice as Net income attributable to Solstice Advanced Materials excluding the after-tax impact - based on the tax rates by jurisdiction, net of discrete items - of amortization of acquired intangibles, remeasurement of foreign currencies, nonoperating pension expense (income), transaction-related costs, repositioning charges, asset retirement obligations accretion, asset impairment charges, litigation costs and insurance settlements (net of recoveries), gains and losses on disposal of assets, and certain other items that are otherwise of an unusual or non-recurring nature. We believe Adjusted net income attributable to Solstice is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as in understanding ongoing operational trends. The Company defines Adjusted diluted EPS as Adjusted net income attributable to Solstice divided by diluted weighted average shares outstanding to reflect shares that are dilutive or anti-dilutive based on the amount of Adjusted net income attributable to Solstice. The weighted average common shares outstanding used to calculate Adjusted diluted earnings (loss) per share will differ from such shares used to calculate diluted earnings (loss) per share (GAAP) when the inclusion of dilutive shares has an anti-dilutive effect for one calculation but not for the other. We believe Adjusted diluted EPS is useful to investors as it provides greater transparency with respect to supplemental information used by management in its financial and operational decision making, as well as in understanding ongoing operational trends. Free cash flow: The Company defines free cash flow as net cash provided by operating activities less net capital expenditures. Net capital expenditures include capital expenditures paid less proceeds from the disposals of property, plant, and equipment. We believe this measure is useful to investors and management as a measure of cash generated by operations that can be used to invest in future growth through new business development activities or acquisitions, pay dividends, repurchase stock, or repay debt obligations prior to their maturities. This measure can also be used to evaluate our ability to generate cash flow from operations and the impact that this cash flow has on our liquidity. Net debt, total leverage ratio and net leverage ratio: The Company defines net debt as total debt less cash. The Company defines total leverage ratio as total debt divided by Adjusted EBITDA. The Company defines net leverage ratio as net debt divided by Adjusted EBITDA. For purposes of showing total leverage ratio and net leverage ratio, we use Adjusted Standalone EBITDA instead of Adjusted EBITDA. We believe these measures are useful to investors and management in understanding our overall financial condition. Organic Sales Percentage
Net income attributable to Solstice Advanced Materials
(GAAP)
$ 85
$ 134
$ 188
Net income attributable to noncontrolling interest
20
6
61
Net income (GAAP)
$ 105
$ 140
$ 249
Depreciation
53
50
194
Amortization
6
7
28
Interest and other financial charges
29
1
56
Other adjustments(1)
(2)
(8)
(33)
Stock-based compensation expense
5
6
27
Transaction-related costs
23
28
113
Income tax expense
31
47
346
Adjusted EBITDA (Non-GAAP)
$ 249
$ 271
$ 978
Less - Standalone adjustments
—
(21)
(22)
Adjusted Standalone EBITDA (Non-GAAP)
$ 249
$ 250
$ 956
Net Sales
$ 991
$ 897
$ 3,980
Adjusted EBITDA Margin (Non-GAAP)
25.1 %
30.2 %
24.6 %
Adjusted Standalone EBITDA Margin (Non-GAAP)
25.1 %
27.9 %
24.0 %
_________________
1.
LTM stands for "last twelve months."
2.
Other adjustments primarily consisted of gains and losses from disposal of long-lived assets, remeasurement of foreign currencies, environmental reserves, asset retirement obligations, nonoperating pension expense (income), and certain legal costs, net of recoveries.
Adjusted net income attributable to Solstice and Adjusted diluted EPS
For The
Three Months
Ended March
31, 2026
Net income attributable to Solstice Advanced Materials (GAAP)
$ 85
Transaction-related costs
23
Amortization of acquired intangible assets
1
Other adjustments(1)
(2)
Tax effect of above adjusting items
(5)
Adjusted net income attributable to Solstice (Non-GAAP)
$ 100
Diluted weighted average shares outstanding
159.3
Diluted EPS (GAAP)
$ 0.53
Adjusted diluted EPS (Non-GAAP)
$ 0.63
_________________
1.
Other adjustments primarily consisted of gains and losses from disposal of long-lived assets, remeasurement of foreign currencies, environmental reserves, asset retirement obligations, nonoperating pension expense (income), and certain legal costs, net of recoveries.
Free cash flow
(Dollars in millions)
For The
Three Months
Ended March
31, 2026
Net cash provided by operating activities (GAAP)
$ 199
Less: capital expenditures paid
(75)
Free cash flow (Non-GAAP)
$ 124
Net debt, total leverage ratio and net leverage ratio as of March 31, 2026
(Dollars in millions)
Total Debt
$ 1,971
Less: Cash and Cash Equivalents
(642)
Net Debt (Non-GAAP)
$ 1,329
LTM Adjusted Standalone EBITDA (Non-GAAP)
$ 956
Total Leverage Ratio (Non-GAAP)
2.1x
Net Leverage Ratio (Non-GAAP)
1.4x
Reconciliation of Segment Adjusted EBITDA to Adjusted Standalone EBITDA
/PRNewswire/ -- A new industry study released today and developed by a technical working group co-led by The Chemours Company (Chemours) (NYSE: CC) and
Solstice Advanced Materials Inc. is rated a buy, driven by its unique position in both refrigeration and nuclear energy supply chains. SOLS benefits from robust demand for low global warming refrigerants and exclusive uranium hexafluoride conversion capabilities via its ConverDyn joint venture. Despite high P/B and P/FCF ratios, SOLS' diversified revenue streams and government-driven nuclear catalysts support forward growth potential.
Poet Technologies (POET +1.90%) stock rocketed higher across May's trading, gaining 72.6% over the period. The S&P 500 rose 5.2% over the same stretch, and the Nasdaq Composite gained 8.4%.
Semiconductor and photonics stocks enjoyed very strong bullish momentum last month, and Poet benefited from the favorable valuation backdrop. The company's share price has been highly volatile in 2026, but it's still up roughly 87% year to date.
Image source: Getty Images.
Poet made some big moves in May On May 14, Poet announced that it had entered into a contract to sell Lumilens at least $50 million worth of hardware. The deal also leaves the door open for more than $500 million in total hardware sales. On the other hand, the contract also grants Lumilens stock warrants to purchase shares of Poet stock at $8.25 in tranches tied to the execution of hardware purchases.
Poet also published its first-quarter results on May 14, posting sales that beat the market's expectations. The company reported a loss of $0.08 per share on sales of $0.5 million. The per-share loss came in $0.03 lighter than the average analyst estimate, and sales topped the average analyst forecast by $0.25 million.
Following its Q1 report, Poet published a press release the following day announcing that it had secured $400 million in funding for the sale of roughly 19 million shares of common stock and a warrant offering the singular institutional investor the right to purchase roughly 19 million additional shares at a price of $26.15 per share.
Despite the stock dilution implied by the company's recent deals, Poet managed to post big gains last month thanks in part to bullish excitement surrounding artificial intelligence (AI) stocks.
Today's Change
(
1.90
%) $
0.20
Current Price
$
10.97
Why Poet stock is moving lower in June As of this writing, Poet stock is down roughly 3.5% in June's trading. The S&P 500 is down 2.6% over the same period, and the Nasdaq Composite's level has moved 4.7% lower.
Poet stock has been moving lower this month in conjunction with a broader pullback for tech-stock valuations. The Bureau of Labor Statistics (BLS) published its May jobs report on June 5, and stronger-than-expected jobs growth has actually prompted a significant pullback for growth stocks.
The BLS report showed that the U.S. economy added an estimated 172,000 nonfarm jobs last month -- exceeding the average economist estimate's target for 80,000 nonfarm payroll positions added in the period. While strong job growth could be viewed as an encouraging sign for the economy, it could also increase the likelihood that the Federal Reserve will hike interest rates this year. As a stock with a highly speculative valuation profile, Poet's share price could be particularly sensitive to the outlook on interest rates.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the “Class Period”), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or “PFIC”) under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies’ valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies’ business prospects, and (4) as a result, defendants’ statements about POET Technologies’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827 [email protected]
www.rosenlegal.com
NEW YORK, June 08, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP highlights the contrast between POET Technologies Inc.'s (NASDAQ: POET) promises to investors and the reality that followed. Shareholders who purchased POET securities between April 1, 2026 and April 26, 2026, and lost money may be entitled to compensation. Find out if you qualify to recover your losses or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
POET shares collapsed 47.3%, losing $7.15 per share, after the Company disclosed that every purchase order from its key customer had been canceled. The lead plaintiff deadline is June 29, 2026.
The Promise
On April 21, 2026, during a public interview on Stocktwits' YouTube channel, the Company's chief financial officer told investors that POET held an invoice from Celestial AI and was "intending to ship product against" it. He specified that shipments would occur "this year" and that he believed "some of it will be shipped next quarter." He further characterized POET as "a supplier to Marvell now that they've acquired Celestial AI," painting a picture of an active, revenue-generating commercial relationship with a major semiconductor acquirer.
The Reality
Six days later, on April 27, 2026, POET disclosed that Marvell Semiconductor Inc. had canceled all purchase orders from Celestial AI. The reason: the Company had "made disclosures of information related to the Purchase Order and shipping information in contravention of its confidentiality obligations." The very statements used to reassure investors about near-term revenue directly caused the destruction of that revenue.
The Numbers: Promised vs. Actual
Promised: Imminent product shipments against an existing Celestial AI invoice, with revenue expected "next quarter"Actual: Complete cancellation of all purchase ordersPromised: Active supplier status to Marvell/Celestial AI, described as a multi-year customer relationshipActual: Marvell terminated the deal, citing confidentiality violations triggered by the CFO's own public remarksPromised: Light source market opportunity "isn't fully reflected in our market cap"Actual: Market cap lost nearly half its value in a single trading session as the gap between promise and reality was exposedStock before disclosure: $15.10 per share (April 24, 2026 closing price)Stock after disclosure: $7.95 per share (April 27, 2026 closing price) What the Lawsuit Alleges About the Gap
The securities action contends that the executive's public statements were materially false and misleading because he denied being subject to a non-disclosure agreement with Marvell when he was in fact bound by one. The complaint also alleges that POET misrepresented its tax status as a Passive Foreign Investment Company (PFIC), which carries adverse tax consequences for U.S. investors. By publicly disclosing purchase order details, shipping timelines, and customer identity, he allegedly breached confidentiality obligations that directly resulted in the cancellation of POET's most significant commercial relationship. Investors who relied on these forward-looking revenue promises purchased shares at artificially inflated prices.
Start your recovery claim before the June 29 deadline or call Joseph E. Levi, Esq. at (212) 363-7500.
"Companies that make specific promises to investors about future performance have an obligation to disclose known risks to those projections. When a CFO tells the market that shipments are imminent while allegedly violating the very agreement that makes those shipments possible, investors deserve accountability," stated Joseph E. Levi, Esq.
LEAD PLAINTIFF DEADLINE: June 29, 2026
Calculate your potential per-share recovery in the POET action or contact (212) 363-7500.
Levi & Korsinsky, LLP is a nationally recognized shareholder rights firm. Over the past 20 years, the firm has secured hundreds of millions of dollars for aggrieved shareholders. Ranked in ISS Top 50 for seven consecutive years.
Frequently Asked Questions About the POET Lawsuit
Q: What specific misstatements does the POET lawsuit allege? A: The complaint alleges POET's CFO made materially false or misleading statements during an April 21, 2026 public interview regarding the Company's supplier relationship with Marvell/Celestial AI, imminent product shipments, and the existence of confidentiality obligations. When Marvell canceled all purchase orders due to these disclosures, shares fell 47.3%.
Q: How much did POET stock drop? A: Shares fell approximately 47.3%, a decline of $7.15 per share, after the Company disclosed on April 27, 2026 that all Celestial AI purchase orders had been canceled due to confidentiality breaches. Investors who purchased during the class period at inflated prices may be entitled to compensation.
Q: What do POET investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.
Q: What if I already sold my POET shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: Can I join a different law firm's lawsuit instead? A: Multiple firms often file competing complaints. The court consolidates and appoints a single lead counsel. Contacting Levi & Korsinsky before June 29, 2026 ensures your losses are considered.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
, /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the "Class Period"), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
So What: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of POET Technologies Inc. (NASDAQ: POET).
Shareholders who purchased shares of POET during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) defendant, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
DEADLINE: June 29, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/poet-technologies-inc-loss-submission-form/?id=187532&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of POET during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is June 29, 2026. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903
LOS ANGELES, June 09, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises POET Technologies, Inc., (“POET Technologies” or the "Company") (NASDAQ: POET) investors of a class action on behalf of investors that bought securities between April 1, 2026 and April 27, 2026, inclusive (the “Class Period”). POET Technologies investors have until June 23, 2026 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/poet-technologies-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On April 27, 2026, Investing.com published an article entitled “POET Technologies stock tumbles after losing Marvell orders.” The article reported that POET stock fell “after the company disclosed the cancellation of all purchase orders from Celestial AI, now owned by Marvell Semiconductor Inc. Marvell provided written notice on April 23, 2026, canceling all purchase orders, including those for initial production units first announced by POET in a press release on April 25, 2023. Marvell cited the company’s disclosures of information related to the purchase orders and shipping details as violations of confidentiality obligations.” On this news, POET’s stock price fell $7.15 per share, or 47.35%, to close at $7.95 per share on April 27, 2026.
The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar [email protected]
310-692-8883
www.portnoylaw.com
New York, New York--(Newsfile Corp. - June 9, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the "Class Period"), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300761
Source: The Rosen Law Firm PA
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NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against POET Technologies Inc. (“POET” or the “Company”) (NASDAQ: POET). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The class action concerns whether POET and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
You have until June 29, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired POET securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.
[Click here for information about joining the class action]
On April 27, 2026, Investing.com published an article entitled “POET Technologies stock tumbles after losing Marvell orders.” The article reported that POET stock fell “after the company disclosed the cancellation of all purchase orders from Celestial AI, now owned by Marvell Semiconductor Inc. Marvell provided written notice on April 23, 2026, canceling all purchase orders, including those for initial production units first announced by POET in a press release on April 25, 2023. Marvell cited the company’s disclosures of information related to the purchase orders and shipping details as violations of confidentiality obligations.”
On this news, POET’s stock price fell $7.15 per share, or 47.35%, to close at $7.95 per share on April 27, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In POET To Contact Him Directly To Discuss Their Options
If you purchased or acquired POET securities between April 1, 2026 and 08:57 AM ET on April 27, 2026 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Melissa Fortunato directly at (212) 355-4648.
Click here to participate in the action.
NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) --
What’s Happening?
Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against POET Technologies, Inc. (“POET” or the “Company”) (NASDAQ:POET) in the United States District Court for the District of New Jersey on behalf of all persons and entities who purchased or otherwise acquired POET securities between April 1, 2026 and 08:57 AM ET on April 27, 2026, both dates inclusive (the “Class Period”).Investors have until June 29, 2026 to apply to the Court to be appointed as lead plaintiff in the lawsuit. What are the Allegation Details?
The complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or “PFIC”) under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies’ valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies’ business agreements in a public interview, thus endangering POET Technologies’ business prospects, and (4) as a result, defendants’ statements about POET Technologies’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. What are my Next Steps?
If you purchased or otherwise acquired POET shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at [email protected], telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in securities, derivative, and commercial litigation as well as individuals in consumer protection and data privacy litigation. The firm has a nationwide practice and routinely handles cases in both federal and state courts. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
Follow us for updates on LinkedIn and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn.
Deadline Alert: Understanding Lead Plaintiff Selection Under the PSLRA in the POET Technologies Securities Action Where Shareholders Lost $7.15 Per Share
, /PRNewswire/ -- IMPORTANT DATE: June 29, 2026. Investors who purchased POET Technologies Inc. (NASDAQ: POET) securities between April 1, 2026 and April 27, 2026 and wish to seek appointment as lead plaintiff must file a motion by this date. Start your claim now before the deadline or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
POET shares lost $7.15 per share, a 47.3% single-day collapse, after the Company disclosed the cancellation of all Celestial AI purchase orders due to an alleged confidentiality breach. The lead plaintiff deadline is June 29, 2026.
What is a Lead Plaintiff?
Under the Private Securities Litigation Reform Act of 1995 ("PSLRA"), Congress established a structured process for selecting a lead plaintiff in securities class actions. The lead plaintiff is the shareholder or group of shareholders appointed by the court to represent the entire class. In the POET Technologies action, this means representing all purchasers of POET securities between April 1, 2026 and April 27, 2026 who suffered losses when alleged misrepresentations about PFIC tax status and confidential business relationships were revealed.
Lead Plaintiff Facts
The court typically appoints the applicant with the largest financial interest in the relief sought Lead plaintiffs direct the litigation strategy and select lead counsel on behalf of the class Serving as lead plaintiff costs nothing out of pocket; attorneys work on a contingency basis approved by the court Lead plaintiffs may provide testimony at deposition or trial if the case does not settle Any investor who purchased POET securities during the Class Period may apply regardless of loss size Multiple investors may join together as a lead plaintiff group to aggregate their losses Post-Deadline Procedures
After June 29, 2026, the court will review all competing motions and appoint the lead plaintiff it deems most adequate. The appointed lead plaintiff then selects lead counsel, and the consolidated action proceeds. This process typically takes 60 to 90 days following the deadline.
Absent Class Member Rights
Investors who do not apply for lead plaintiff status are not excluded from the case. Absent class members retain the right to participate in any recovery without taking any action before the deadline. The deadline applies solely to those seeking to lead the litigation on behalf of the class.
"The lead plaintiff process is designed to ensure the class is represented by shareholders with substantial interests in the outcome. In the POET Technologies case, the court will evaluate which applicant is best positioned to oversee claims arising from the alleged PFIC misrepresentation and confidentiality breach that destroyed a critical customer relationship." — Joseph E. Levi, Esq.
Find out if you qualify to recover losses or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
Levi & Korsinsky, LLP | Top 50 Securities Firm | (212) 363-7500 | www.zlk.com
Frequently Asked Questions About the POET Lawsuit
Q: What is the POET lead plaintiff deadline? A: The deadline to apply for lead plaintiff appointment is June 29, 2026. This deadline applies only to investors seeking to serve as lead plaintiff. Class members who do not apply may still participate in any recovery without taking action before this date.
Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.
Q: How do I know if I lost enough money to be the lead plaintiff? A: There is no minimum loss threshold. Courts appoint the investor with the largest provable loss who is willing and able to represent the class adequately. Contact Levi & Korsinsky before June 29, 2026 to evaluate.
Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.
Q: What if I missed the lead plaintiff deadline? A: The deadline applies only to investors seeking lead plaintiff appointment. Class members who miss it can still participate in any settlement or recovery.
Q: What do POET investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.
Q: What if I already sold my POET shares — can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds POET Technologies Inc. (“POET” or the “Company”) (NASDAQ: POET) investors of the June 29, 2026 deadline involving a securities fraud class action lawsuit commenced against the Company.
Should You Join The POET Class Action Lawsuit:
Do you, or did you, own shares of POET Technologies Inc. (NASDAQ: POET)?
Did you purchase your shares between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive?
Did you lose money in your investment in POET Technologies Inc.?
If you purchased or acquired POET securities, and/or would like to discuss your legal rights and options please visit POET Technologies Inc. Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected].
If you wish to serve as lead plaintiff for the Class, you must file papers by June 29, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About The Lawsuit:
A lawsuit was filed on behalf of investors (the “Class”) who purchased or acquired the securities of POET between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers.
The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, POET securities traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses.
About Bernstein Liebhard:
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In POET Technologies To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in POET Technologies between April 1, 2026 and 08:57 AM EST on April 27, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - June 10, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against POET Technologies, Inc. ("POET Technologies" or the "Company") (NASDAQ: POET) and reminds investors of the June 29, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Watch our latest video highlighting the key allegations: https://youtu.be/zdxRFbToG4A
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
On April 27, 2026, Investing.com published an article entitled "POET Technologies stock tumbles after losing Marvell orders." The article stated that POET Technologies stock fell "after the company disclosed the cancellation of all purchase orders from Celestial AI, now owned by Marvell Semiconductor Inc. Marvell provided written notice on April 23, 2026, canceling all purchase orders, including those for initial production units first announced by POET Technologies in a press release on April 25, 2023. Marvell cited the company's disclosures of information related to the purchase orders and shipping details as violations of confidentiality obligations."
Following this news, POET Technologies' stock dropped more than 45% during intraday trading on April 27, 2026.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding POET Technologies' conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the POET Technologies class action, go to www.faruqilaw.com/POET or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300757
Source: Faruqi & Faruqi LLP
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NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against POET Technologies Inc. (NASDAQ: POET) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired POET Technologies Inc. securities between April 1, 2026 and April 27, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/POET.
POET Technologies Inc. Case Details
The Complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose that:
POET misrepresented its tax status due to it likely being deemed a passive foreign investment company (or “PFIC”) under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; the foregoing tax issue would, if discovered, make POET a less attractive investment than it would otherwise be, thus threatening POET’s valuation; Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET’s business agreements in a public interview, thus endangering POET's business prospects, and as a result, Defendants’ statements about POET's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. What's Next for POET Technologies Inc. Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/POET. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in POET Technologies Inc. you have until June 29, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to POET Technologies Inc. Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for POET Technologies Inc. Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]
Attorney advertising.
Prior results do not guarantee similar outcomes.
New York, New York--(Newsfile Corp. - June 10, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against POET Technologies Inc. (NASDAQ: POET) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired POET Technologies Inc. securities between April 1, 2026 and April 27, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/POET.
POET Technologies Inc. Case Details
The Complaint alleges that the Defendants made false and/or misleading statements and/or failed to disclose that:
POET misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; the foregoing tax issue would, if discovered, make POET a less attractive investment than it would otherwise be, thus threatening POET's valuation; Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET's business agreements in a public interview, thus endangering POET's business prospects, and as a result, Defendants' statements about POET's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.What's Next for POET Technologies Inc. Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/POET, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in POET Technologies Inc. you have until June 29, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to POET Technologies Inc. Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for POET Technologies Inc. Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Attorney advertising.
Prior results do not guarantee similar outcomes.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/294973
Source: Bronstein, Gewirtz & Grossman, LLC
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
New York, New York--(Newsfile Corp. - June 10, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of POET Technologies Inc. (NASDAQ: POET) between April 1, 2026 and 08:57 AM ET on April 27, 2026, inclusive (the "Class Period"), of the important June 29, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.
SO WHAT: If you purchased POET Technologies securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 29, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) POET Technologies misrepresented its tax status due to it likely being deemed a passive foreign investment company (or "PFIC") under U.S. tax laws which, if not properly reported by each U.S. stockholder, would have negative tax implications for those U.S. stockholders; (2) the foregoing tax issue would, if discovered, make POET Technologies a less attractive investment than it would otherwise be, thus threatening POET Technologies' valuation; (3) Defendant Thomas Mika, despite affirming that he was not violating a non-disclosure agreement, in fact violated a business agreement by speaking about POET Technologies' business agreements in a public interview, thus endangering POET Technologies' business prospects, and (4) as a result, defendants' statements about POET Technologies' business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the POET Technologies class action, go to https://rosenlegal.com/submit-form/?case_id=62524 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300936
Source: The Rosen Law Firm PA
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of POET during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: April 1, 2026 to April 27, 2026
DEADLINE: June 29, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. The likelihood of POET being declared a passive foreign investment company ("PFIC") led it to misrepresenting its tax status. Based on these facts, POET's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between April 1, 2026, and April 27, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before June 29, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. POET misrepresented its tax status due to the likelihood it would be deemed a passive foreign investment company ("PFIC"), which would have negative tax implications for individual investors. The Company's business prospects were endangered by CFO Thomas Mika violating a business agreement in a public interview. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about POET, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
POET Technologies Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - POET PR Newswire
LOS ANGELES, June 11, 2026
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of POET during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: April 1, 2026 to April 27, 2026
DEADLINE: June 29, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. The likelihood of POET being declared a passive foreign investment company ("PFIC") led it to misrepresenting its tax status. Based on these facts, POET's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
View original content:https://www.prnewswire.com/news-releases/poet-technologies-inc-sued-for-securities-law-violations---contact-the-djs-law-group-to-discuss-your-rights--poet-302797475.html
POET Investors Have Opportunity to Lead POET Technologies Inc. Securities Fraud Lawsuit with the Schall Law Firm PR Newswire
LOS ANGELES, June 11, 2026
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against POET Technologies Inc. ("POET" or "the Company") (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between April 1, 2026, and April 27, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before June 29, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. POET misrepresented its tax status due to the likelihood it would be deemed a passive foreign investment company ("PFIC"), which would have negative tax implications for individual investors. The Company's business prospects were endangered by CFO Thomas Mika violating a business agreement in a public interview. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about POET, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335 [email protected]
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BuzzFeed (NASDAQ:BZFD – Get Free Report) and Liberty Media Corporation – Liberty Formula One Series C (NASDAQ:FWONK – Get Free Report) are both consumer discretionary companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, earnings, profitability, institutional ownership, valuation and risk.
Analyst Recommendations This is a summary of recent ratings and recommmendations for BuzzFeed and Liberty Media Corporation – Liberty Formula One Series C, as reported by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score BuzzFeed 1 1 0 0 1.50 Liberty Media Corporation – Liberty Formula One Series C 0 5 6 0 2.55 BuzzFeed presently has a consensus target price of $1.00, suggesting a potential upside of 34.43%. Liberty Media Corporation – Liberty Formula One Series C has a consensus target price of $110.78, suggesting a potential upside of 25.03%. Given BuzzFeed’s higher probable upside, equities analysts clearly believe BuzzFeed is more favorable than Liberty Media Corporation – Liberty Formula One Series C.
Profitability This table compares BuzzFeed and Liberty Media Corporation – Liberty Formula One Series C’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets BuzzFeed -31.16% -75.23% -28.40% Liberty Media Corporation – Liberty Formula One Series C N/A N/A N/A Insider & Institutional Ownership 37.6% of BuzzFeed shares are held by institutional investors. Comparatively, 92.3% of Liberty Media Corporation – Liberty Formula One Series C shares are held by institutional investors. 20.3% of BuzzFeed shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Risk & Volatility BuzzFeed has a beta of 3.43, meaning that its stock price is 243% more volatile than the S&P 500. Comparatively, Liberty Media Corporation – Liberty Formula One Series C has a beta of 0.53, meaning that its stock price is 47% less volatile than the S&P 500.
Earnings & Valuation This table compares BuzzFeed and Liberty Media Corporation – Liberty Formula One Series C”s top-line revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio BuzzFeed $185.27 million 0.15 -$57.72 million ($1.53) -0.49 Liberty Media Corporation – Liberty Formula One Series C $4.48 billion 4.43 $493.02 million $2.20 40.27 Liberty Media Corporation – Liberty Formula One Series C has higher revenue and earnings than BuzzFeed. BuzzFeed is trading at a lower price-to-earnings ratio than Liberty Media Corporation – Liberty Formula One Series C, indicating that it is currently the more affordable of the two stocks.
Summary Liberty Media Corporation – Liberty Formula One Series C beats BuzzFeed on 11 of the 14 factors compared between the two stocks.
About BuzzFeed (Get Free Report)
BuzzFeed, Inc., a digital media company, distributes content across owned and operated, as well as third-party platforms. The company offers BuzzFeed, a go-to authority for entertainment, pop culture, and Internet with articles, lists, quizzes, videos, and original series; BuzzFeed News, a pocket friendly newsroom; Tasty, a platform for food content; HuffPost, media platform for news, politics, opinion, entertainment, features, and lifestyle content. It also provides display, programmatic, and video advertising on its owned and operated sites and applications. BuzzFeed, Inc. is headquartered in New York, New York.
About Liberty Media Corporation – Liberty Formula One Series C (Get Free Report)
Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. It is also involved in the operation of the Formula 1 Paddock Club hospitality program; and provision of freight, logistical, and travel related services for the teams and other third parties, as well as the F2 and F3 race series. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.
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Wall Street expects a year-over-year decline in earnings on higher revenues when Liberty Media Corporation - Liberty Formula One Series C (FWONK - Free Report) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 7. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis company is expected to post quarterly loss of $0.07 per share in its upcoming report, which represents a year-over-year change of -240%.
Revenues are expected to be $659.38 million, up 64.9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 19.38% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Liberty Media Corporation - Liberty Formula One Series C?For Liberty Media Corporation - Liberty Formula One Series C, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +30.56%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Liberty Media Corporation - Liberty Formula One Series C will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Liberty Media Corporation - Liberty Formula One Series C would post earnings of $0.44 per share when it actually produced earnings of $0.39, delivering a surprise of -11.36%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Liberty Media Corporation - Liberty Formula One Series C appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Item 1 of 3 May 3, 2026; Miami Gardens, FL, USA; Red Bull Racing driver Max Verstappen (3), McLaren driver Lando Norris (1), Ferrari driver Charles Leclerc (16) and Mercedes driver George Russell (63) lead the field into turn one to start the Crypto.com Miami Grand Prix at Miami International Autodrome. Mandatory Credit: Nathan Ray Seebeck-Imagn Images/File Photo
[1/3]May 3, 2026; Miami Gardens, FL, USA; Red Bull Racing driver Max Verstappen (3), McLaren driver Lando Norris (1), Ferrari driver Charles Leclerc (16) and Mercedes driver George Russell (63) lead the... Purchase Licensing Rights, opens new tab Read more
SummaryCompaniesAI spurs efficiency on and off the trackEight AI partnerships signed in last six monthsF1 returned at Miami after no races in AprilLONDON, May 4 (Reuters) - Artificial Intelligence’s integration into Liberty Media-owned Formula One and its 11 teams has been noticeable on- and off-track in the already highly tech-powered sport.
Eight new AI partnerships were signed in the past six months alone, according to research firm Ampere Analysis.
Learn about the latest breakthroughs in AI and tech with the Reuters Artificial Intelligencer newsletter. Sign up here.
Among them, nine-time constructors' champion Atlassian Williams F1 team are partnering with AI company Anthropic for its Claude model to support team operations and race strategy.
"It's much more than a sticker on a car or a sticker in a billboard," Williams’ Board Advisor Peter Kenyon told Reuters. "We see it as one of our differentiating points: how can this partner help us in that journey back to the top?”
Whereas F1 cars in yesteryear had a plethora of brands with tobacco companies at the centre, now partnerships often centre on AI and tech companies helping the teams understand datasets, while benefiting from great exposure.
“What Anthropic and our tech team are doing are understanding the opportunities and then integrating those into our business to be able to demonstrate for ourselves and them, and showcase their technology in the pursuit of getting Williams back to the top,” Kenyon added.
AI can be a key tool enabling teams to navigate new regulations and new cost cap rules, now set at $215 million.
“Efficiency is one of the ubiquitous benefits of AI products, meaning a natural synergy between teams and AI brands,” said Adam Lewis, a senior analyst from Ampere Analysis.
Technology led the top 10 spending categories for F1 teams, reaching an estimated $769 million last season, up 41% from the previous year, according to intelligence platform SponsorUnited.
AI and machine learning brands account for four of the top 15 new sponsorship investors, a SponsorUnited report also showed, including $65 billion-valued cloud infrastructure company CoreWeave (CRWV.O), opens new tab, which has a partnership with the Aston Martin F1 team.
In the 2025 season, the single-seater motorsport reached $2.54 billion in total team sponsorship and was the second-highest grossing sports property behind America's National Football League which achieved $2.7 billion.
HELPING WITH ADMIN, RULES, TRACK DECISIONSAI has been innovative in sifting through administrative tasks and interpreting key rules within sporting and technical regulations, helping engineers take swifter decisions during on-track situations which were impossible decades ago.
“So it's gone from a sort of basic AI to more of an agentic approach where rather than just searching for something, it's actually providing decisions for us," Jack Harington, the group partnership lead for Oracle Red Bull Racing, told Reuters.
The Red Bull outfit, which four-time champion Max Verstappen races for, has a partnership with $494 billion-valued software company Oracle (ORCL.N), opens new tab, and has embedded its technological nous across the team.
"So it's really playing into the strength of AI as an enabler for our team. Allowing them (engineers) to focus on the core responsibilities they have and perform better at what they do," Harington added.
Technology companies like Alphabet-owned Google are also seeing positives from entering the F1 arena.
“These blue-chip companies are using Formula One as a launchpad and spotlight for their own AI products or re-brandings,” Lewis said, noting Google’s partnership with F1's McLaren shifted to Google Gemini, a generative AI tool, from Google Pixel.
As an organisation, F1, which returned at Miami after no races in April, has also embraced AI. Its partnership with Amazon Web Services uses generative AI for live television broadcasting and in 2024 it applied generative AI to the design of the Montreal trophy after it was crafted by a silversmith in the United Kingdom.
“I think F1 has the never-ending, unquenchable thirst for the latest technology,” Lenovo’s Global Chief Information Officer Arthur Hu told Reuters.
Lenovo (0992.HK), opens new tab, a Hong Kong-listed technology company, is one of F1’s global partners and has been in a partnership with the organisation since 2022.
Hu said that Lenovo helps F1 to enhance productivity, mobility and remote collaboration through Lenovo laptops and devices, including AI PCs, to support with the delivery of races.
“Formula One is at the sweet spot where it's an intensely technical sport ... And so I think that only opens up new possibilities,” Hu said.
(This story has been refiled to change the reference from 'Williams' to 'Atlassian Williams F1 team' in paragraph 3, 'Red Bull' to 'Oracle Red Bull Racing' in paragraph 14, and to correct Jack Harington's last name in paragraph 14)
Reporting by Streisand Neto; Editing by Andrew Cawthorne and Alan Baldwin
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Streisand joined Breakingviews in 2022 as a research assistant. He previously worked at the Financial Times as an editorial assistant and, before that, as an intern. He also holds newsroom experience from CNN International and The Economist. He graduated from SOAS University of London with a degree in International Politics. He enjoys working out, going on long walks and playing football.
Liberty Media Corporation - Liberty Formula One Series C (FWONK - Free Report) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +148.39%. A quarter ago, it was expected that this company would post earnings of $0.44 per share when it actually produced earnings of $0.39, delivering a surprise of -11.36%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Liberty Media Corporation - Liberty Formula One Series C, which belongs to the Zacks Media Conglomerates industry, posted revenues of $711 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 6.93%. This compares to year-ago revenues of $400 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Liberty Media Corporation - Liberty Formula One Series C shares have lost about 10% since the beginning of the year versus the S&P 500's gain of 7.6%.
What's Next for Liberty Media Corporation - Liberty Formula One Series C?While Liberty Media Corporation - Liberty Formula One Series C has underperformed 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 Liberty Media Corporation - Liberty Formula One Series C 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 $0.19 on $1.04 billion in revenues for the coming quarter and $1.69 on $4.74 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Media Conglomerates is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Lionsgate Studios Corp. (LION - Free Report) , is yet to report results for the quarter ended March 2026.
This company is expected to post quarterly earnings of $0.24 per share in its upcoming report, which represents a year-over-year change of +14.3%. The consensus EPS estimate for the quarter has been revised 5% lower over the last 30 days to the current level.
Lionsgate Studios Corp.'s revenues are expected to be $809 million, down 24.4% from the year-ago quarter.
Bamco Inc. NY lessened its holdings in shares of Liberty Media Corporation - Liberty Formula One Series A (NASDAQ: FWONA) by 4.7% during the undefined quarter, according to its most recent disclosure with the SEC. The fund owned 317,764 shares of the company's stock after selling 15,553 shares during the period. Bamco Inc.
Shares of Liberty Media Corporation - Liberty Formula One Series A (NASDAQ: FWONA - Get Free Report) have been given a consensus recommendation of "Buy" by the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation
