Track market-moving stories before they get noisy

Wall Street expects a year-over-year increase in earnings on higher revenues when Cactus, Inc. (WHD - Free Report) reports results for the quarter ended June 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 earnings report, which is expected to be released on July 29, might help the stock move higher if these key numbers are better than expectations. 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 earnings of $0.71 per share in its upcoming report, which represents a year-over-year change of +7.6%.

Revenues are expected to be $400.62 million, up 46.4% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.79% higher 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 an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

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 Cactus?For Cactus, 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 +7.04%.

On the other hand, the stock currently carries a Zacks Rank of #2.

So, this combination indicates that Cactus 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 Cactus would post earnings of $0.65 per share when it actually produced earnings of $0.70, delivering a surprise of +7.69%.

Over the last four quarters, the company has beaten consensus EPS estimates three 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.

Cactus 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.

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My brokerage app knows the Marvell ticker by heart. When a stock I have been accumulating drops 33.02% in a month and the underlying business keeps accelerating, the decision writes itself.

That is the single factor pulling me back to Marvell Technology (NASDAQ:MRVL | MRVL Price Prediction): the market handed me a discount on an AI infrastructure semiconductor pure-play whose numbers still point the right direction. Shares closed at $207.96, well below the 52-week high of $329.80. Yet year to date the stock is up 145.07%, up 185.25% over one year, and up 1,811.10% over ten. This is a violent repricing inside a long uptrend, and I am adding to my cost basis at these prices.

The Data Behind My Conviction Marvell’s most recent quarter (Q1 FY2027) posted revenue of $2.418 billion, up 27.6% year over year and ahead of consensus. Data center revenue reached $1.833 billion, 76% of the total, up 27% year over year and 11% sequentially. Free cash flow more than doubled to $483.1 million, up 126.8%, while cash on the balance sheet climbed to $3.84 billion. Full fiscal 2026 revenue landed at $8.195 billion, up 42%, and the company repurchased $2.04 billion of stock during that year.

Management is guiding Q2 FY27 revenue to $2.7 billion, roughly 35% year-over-year growth, and CEO Matt Murphy said Marvell is “significantly raising Marvell’s revenue outlook for both fiscal 2027 and fiscal 2028” on “exceptional AI-related bookings.” He expects growth to accelerate each quarter through fiscal 2027. Trailing P/E sits at 65, while forward P/E drops to 47, indicating the earnings ramp is driving valuation.

Why Marvell Stands Out Every AI investor first reaches for mega-cap chip generalists. Marvell offers a concentrated bet on AI datacenter plumbing: custom XPU and XPU-attach silicon, plus 800G and 1.6T scale-out optics, 51.2T Ethernet scale-out switches, and scale-up NPO and CPO optical solutions. At a market cap of roughly $175 billion, every incremental hyperscaler design win moves the needle in a way it cannot at a generalist ten times the size. The Celestial AI and XConn acquisitions that closed in February 2026 add photonic fabric and chiplet connectivity directly to that thesis.

The Risk I Cannot Ignore With 76% of revenue from data center and a small group of hyperscalers driving most of that, customer concentration is the real risk. If a major customer moves silicon fully in-house, this thesis takes a hit. Q1 also included a $331.8 million contingent consideration charge that pushed GAAP net income down 80.6% year over year. That is acquisition-related accounting noise rather than operating deterioration, and the raised multi-year guidance tells me the bookings pipeline is deep enough to absorb any single customer’s platform decisions.

Why the Buy Button Stays Active Analyst consensus sits at a $253.69 target with 7 strong buy, 31 buy, 5 hold, and 1 strong sell ratings behind it. Marvell is compounding revenue in the high 20s heading toward the mid 30s, generating record cash, buying back stock, and sitting inside the fastest capex cycle of my investing life. The market decided it was too expensive. I decided it was on sale, and the buy button stays lit until the story changes.

Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Marvell Technology didn't make the cut. Grab the names FREE today.

Contact [email protected] for any questions or corrections.

Old Dominion Freight Line (ODFL - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.

The earnings report, which is expected to be released on July 29, might help the stock move higher if these key numbers are better than expectations. 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 trucking company is expected to post quarterly earnings of $1.52 per share in its upcoming report, which represents a year-over-year change of +19.7%.

Revenues are expected to be $1.54 billion, up 9.5% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 2.83% higher 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 an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

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 Old Dominion?For Old Dominion, 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 +1.02%.

On the other hand, the stock currently carries a Zacks Rank of #2.

So, this combination indicates that Old Dominion 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 Old Dominion would post earnings of $1.05 per share when it actually produced earnings of $1.14, delivering a surprise of +8.57%.

Over the last four quarters, the company has beaten consensus EPS estimates three 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.

Old Dominion 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.

An Industry Player's Expected ResultsAnother stock from the Zacks Transportation - Truck industry, Old Dominion Freight Line (ODFL - Free Report) , is soon expected to post earnings of $1.52 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +19.7%. Revenues for the quarter are expected to be $1.54 billion, up 9.5% from the year-ago quarter.

The consensus EPS estimate for Old Dominion has been revised 2.8% higher over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +1.02%.

This Earnings ESP, combined with its Zacks Rank #2 (Buy), suggests that Old Dominion will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Old National Bancorp (ONB - Free Report) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +4.84%. A quarter ago, it was expected that this holding company for Old National Bank would post earnings of $0.6 per share when it actually produced earnings of $0.61, delivering a surprise of +1.67%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Old National Bancorp, which belongs to the Zacks Banks - Midwest industry, posted revenues of $740.06 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 3.55%. This compares to year-ago revenues of $654.37 million. The company has topped consensus revenue estimates two 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.

Old National Bancorp shares have added about 17.3% since the beginning of the year versus the S&P 500's gain of 9.7%.

What's Next for Old National Bancorp?While Old National Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Old National Bancorp 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 $0.65 on $729.15 million in revenues for the coming quarter and $2.57 on $2.88 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, Banks - Midwest is currently in the top 32% 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, First Financial Corp. (THFF - Free Report) , is yet to report results for the quarter ended June 2026.

This holding company for First Financial Bank is expected to post quarterly earnings of $1.71 per share in its upcoming report, which represents a year-over-year change of +8.9%. The consensus EPS estimate for the quarter has been revised 0.5% higher over the last 30 days to the current level.

First Financial Corp.'s revenues are expected to be $72.05 million, up 14.3% from the year-ago quarter.

Key Takeaways Labcorp is expected to post Q2 revenue growth of 5.4% and EPS growth of 10.1% year over year.LH expanded diagnostics through partnerships, acquisitions and new oncology, neurology and consumer tests.Labcorp likely saw BLS support from Central Laboratories as Early Development streamlining continued. Labcorp Holdings Inc. (LH - Free Report) , or Labcorp, is slated to report its second-quarter 2026 results on July 30, before the market opens.

In the last reported quarter, the company posted adjusted earnings per share (EPS) of $4.25, surpassing the Zacks Consensus Estimate by 3.91%. Labcorp outpaced estimates in each of the trailing four quarters, the average surprise being 3.31%.

Q2 Estimates for LHThe Zacks Consensus Estimate for Labcorp’s second-quarter 2026 revenues is pegged at $3.72 billion. This suggests a 5.4% rise from the year-ago reported figure.

The Zacks Consensus Estimate for second-quarter EPS indicates an improvement of 10.1% to $4.79. The estimate has remained unchanged in the past 60 days.

Here's a quick review of the company’s performance leading up to its second-quarter earnings.

What Could Shape Labcorp's Q2 Results?In the second quarter of 2026, Diagnostics Laboratories’ (Dx) performance is likely to have continued to witness strong organic contribution. Labcorp's ongoing expansion through health system partnerships and acquisitions is expected to have supported testing volumes by broadening its patient and provider network. During the quarter, the company announced a nationwide strategic collaboration with Children's Hospital of Philadelphia to expand access to advanced diagnostics for pediatric patients.

In May, Labcorp launched an expanded DPYD Genotyping test to identify cancer patients at risk for severe chemotherapy side effects. Earlier in March, it acquired the select assets of Crouse Health's Laboratory Alliance of Central New York and executed an agreement to manage Crouse Health’s inpatient laboratories. All these developments are expected to have favorably boosted the quarter’s top line.

The company’s expanding specialty testing portfolio likely remained another tailwind. These tests are focused in the areas spanning oncology, women's health, neurology and autoimmune disease, which are projected to far outpace the broader diagnostics market. In second-quarter 2026, Oncology results are likely to have benefited from the launch of several liquid biopsy tests and expanded access to molecular residual disease (MRD) solutions.

Labcorp further strengthened the portfolio by launching Agilent Technologies' FDA-approved companion diagnostic to identify patients with platinum-resistant ovarian cancer who may be eligible for Merck's KEYTRUDA. The company’s market-leading Alzheimer's testing portfolio may have boosted Neurology revenues.

Beyond the core testing, the company also introduced the first FDA-cleared rapid fentanyl test of its kind made in the United States, delivering results in just 10 minutes. The Labcorp OnDemand platform is also expected to have favorably supported revenues, driven by strong demand across its expanding menu of consumer health tests.

Labcorp may have also benefited from its ongoing use of advanced technologies, including AI and robotics, to enhance customer experiences and productivity. In April, the company expanded its collaboration with Epic, making its full test menu available through the Aura platform. Other recent initiatives include the development of an AI-powered real-world data platform with Amazon Web Services and Datavant to accelerate Alzheimer's research and a strategic collaboration with Optum.ai to streamline laboratory operations. Collectively, all these factors are expected to have positively impacted Labcorp’s second-quarter revenues.

The Zacks Consensus Estimate expects Dx revenues to grow 6.1% year over year.

Within the Biopharma Laboratory Services (“BLS”) segment,Labcorp has likely benefited from the solid performance of Central Laboratories. The company may have also progressed with its strategic actions to streamline the Early Development business, which may have limited overall growth. 

The Zacks Consensus Estimate suggests that BLS revenues will grow 2.7% year over year.

Earnings Whispers for LabcorpPer our proven model, stocks with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold), along with a positive Earnings ESP, have a higher chance of beating estimates, which is exactly the case here, as you can see below:

Earnings ESP:  Labcorp has an Earnings ESP of +0.71%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: The company currently carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Other Key MedTech PicksHere are some other medical stocks worth considering, as these also have the right combination of elements to post an earnings beat this time:

CVS Health (CVS - Free Report) has an Earnings ESP of +1.42% and a Zacks Rank #2. The company is slated to release second-quarter 2026 results on Aug. 5.

CVS’ earnings surpassed estimates in each of the trailing four quarters, the average surprise being 16.79%. The Zacks Consensus Estimate expects the company’s second-quarter EPS to increase 3.3% from the year-ago quarter’s figure.

Henry Schein (HSIC - Free Report) has an Earnings ESP of +0.41% and a Zacks Rank #2. The company is expected to release second-quarter 2026 results soon.

HSIC’s earnings surpassed estimates in three of the trailing four quarters and missed on one occasion, the average surprise being 3.74%. The Zacks Consensus Estimate for the company’s second-quarter EPS calls for a rise of 10.9% from the year-ago quarter’s figure.

Alcon (ALC - Free Report) has an Earnings ESP of +3.13% and a Zacks Rank #2. The company is slated to release second-quarter 2026 results on Aug. 10.

ALC’s earnings beat estimates in three of the trailing four quarters and missed on one occasion, the average surprise being 3.66%. The Zacks Consensus Estimate anticipates the company’s second-quarter EPS to increase 1.3% from the year-ago quarter’s figure.

Wall Street expects a year-over-year increase in earnings on higher revenues when ArcBest (ARCB - Free Report) reports results for the quarter ended June 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 July 29. On the other hand, if they miss, the stock may move lower.

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.

Zacks Consensus EstimateThis freight transportation and logistics company is expected to post quarterly earnings of $2.18 per share in its upcoming report, which represents a year-over-year change of +60.3%.

Revenues are expected to be $1.19 billion, up 16.8% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 8.96% higher 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 an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.

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 ArcBest?For ArcBest, 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 +9.76%.

On the other hand, the stock currently carries a Zacks Rank of #1.

So, this combination indicates that ArcBest 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 ArcBest would post earnings of $0.27 per share when it actually produced earnings of $0.32, delivering a surprise of +18.52%.

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.

ArcBest 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.

Expected Results of an Industry PlayerWerner Enterprises (WERN - Free Report) , another stock in the Zacks Transportation - Truck industry, is expected to report earnings per share of $0.22 for the quarter ended June 2026. This estimate points to a year-over-year change of +100%. Revenues for the quarter are expected to be $932.4 million, up 23.8% from the year-ago quarter.

Over the last 30 days, the consensus EPS estimate for Werner has been revised 6.6% up to the current level. Nevertheless, the company now has an Earnings ESP of +4.35%, reflecting a higher Most Accurate Estimate.

When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that Werner will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Wall Street expects a year-over-year increase in earnings on higher revenues when Newmark Group (NMRK - Free Report) reports results for the quarter ended June 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 earnings report, which is expected to be released on July 29, might help the stock move higher if these key numbers are better than expectations. 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 provider of commercial real estate services is expected to post quarterly earnings of $0.39 per share in its upcoming report, which represents a year-over-year change of +25.8%.

Revenues are expected to be $863.15 million, up 13.7% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.02% 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 Newmark Group?For Newmark Group, 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 +14.29%.

On the other hand, the stock currently carries a Zacks Rank of #2.

So, this combination indicates that Newmark Group 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 Newmark Group would post earnings of $0.27 per share when it actually produced earnings of $0.33, delivering a surprise of +22.22%.

Over the last four quarters, the company has beaten consensus EPS estimates four 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.

Newmark Group 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.

An Industry Player's Expected ResultsAmong the stocks in the Zacks Real Estate - Operations industry, Newmark Group (NMRK - Free Report) , is soon expected to post earnings of $0.39 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +25.8%. This quarter's revenue is expected to be $863.15 million, up 13.7% from the year-ago quarter.

The consensus EPS estimate for Newmark Group has been revised 1% lower over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +14.29%.

When combined with a Zacks Rank of #2 (Buy), this Earnings ESP indicates that Newmark Group will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

Badger Meter (BMI - Free Report) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $1.17 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +0.99%. A quarter ago, it was expected that this manufacturer of products that measure gas and water flow would post earnings of $1.2 per share when it actually produced earnings of $0.93, delivering a surprise of -22.5%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Badger Meter, which belongs to the Zacks Instruments - Control industry, posted revenues of $222.32 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.90%. This compares to year-ago revenues of $238.1 million. The company has topped consensus revenue estimates two 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.

Badger Meter shares have lost about 16.4% since the beginning of the year versus the S&P 500's gain of 9.7%.

What's Next for Badger Meter?While Badger Meter 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 Badger Meter 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 $1.25 on $244.76 million in revenues for the coming quarter and $4.51 on $911.84 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Instruments - Control is currently in the top 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Sensata (ST - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 29.

This maker of sensing, electrical protection, control and power management products is expected to post quarterly earnings of $0.93 per share in its upcoming report, which represents a year-over-year change of +6.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Sensata's revenues are expected to be $964 million, up 2.2% from the year-ago quarter.

The market expects Sensata (ST - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence 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 July 29. 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 maker of sensing, electrical protection, control and power management products is expected to post quarterly earnings of $0.93 per share in its upcoming report, which represents a year-over-year change of +6.9%.

Revenues are expected to be $964 million, up 2.2% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has remained unchanged over the last 30 days. 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. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

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 Sensata?For Sensata, 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 +0.54%.

On the other hand, the stock currently carries a Zacks Rank of #2.

So, this combination indicates that Sensata will most likely beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. 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 Sensata would post earnings of $0.84 per share when it actually produced earnings of $0.86, delivering a surprise of +2.38%.

Over the last four quarters, the company has beaten consensus EPS estimates four 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.

Sensata 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.

Key Takeaways Magnolia will acquire WildFire for about $4.06B, expanding its Giddings position to more than 1.25M net acres.MGY expects over $100M in annual synergies, stronger cash flow and improved operating efficiency.Magnolia raised its quarterly dividend 9% and reaffirmed plans to repurchase at least 1% of shares quarterly. Magnolia Oil & Gas Corporation (MGY - Free Report) has announced a landmark agreement to acquire WildFire Energy in a transaction valued at approximately $4.06 billion, including assumed debt and customary purchase price adjustments. The acquisition, unanimously approved by Magnolia's board of directors, marks one of the most significant strategic expansions and further strengthens its position in the prolific Giddings region of South Texas. By combining two complementary asset portfolios, MGY expects to enhance production capabilities, generate higher free cash flow, improve operating efficiencies and create greater long-term value for shareholders.

MGY Expands Its Giddings PositionThe acquisition significantly increases MGY's presence in the highly productive Giddings field by adding approximately 810,000 net acres. Following the completion of the transaction, Magnolia will control more than 1.25 million net acres, creating one of the largest and most concentrated acreage positions in South Texas. This expanded footprint provides substantial development opportunities across several proven formations, including the Austin Chalk, Eagle Ford and Woodbine, while also creating a more contiguous operating area that supports greater drilling efficiency and lower operating costs.

Magnolia's extensive technical knowledge and operational experience in the Giddings region have positioned it to maximize the value of these newly acquired assets. Management believes the combination will unlock additional resource potential while extending the company's inventory of high-return drilling locations for many years.

Strategic Benefits Strengthen Long-Term Growth ProspectsThe acquisition aligns closely with Magnolia's disciplined business strategy of acquiring high-quality assets that generate consistent profitability and sustainable free cash flow. Rather than pursuing aggressive production growth, the company intends to maintain its proven capital allocation model by limiting capital expenditures while steadily expanding production through efficient operations.

The additional acreage offers numerous future development opportunities across multiple geological benches, allowing Magnolia to optimize drilling schedules based on commodity prices and operational priorities. This flexibility supports long-term production stability while preserving strong operating margins and maintaining attractive financial returns.

High-Quality Production Enhances Cash Flow GenerationWildFire's assets contribute approximately 53,000 barrels of oil equivalent per day, with nearly 70% consisting of oil production. This oil-weighted production profile is particularly attractive because crude oil generally delivers stronger margins than natural gas. Furthermore, the acquired assets have a relatively low 29% base oil decline rate, reducing the amount of capital required to sustain production levels over time.

These characteristics complement Magnolia's existing operations by increasing cash flow generation while lowering the overall corporate reinvestment rate. As a result, the combined company expects to generate stronger operating margins and improved financial performance.

Operational Synergies Expected to Deliver Significant SavingsMGY expects the integration of WildFire's operations to generate more than $100 million in annual cost savings and operational synergies. These efficiencies are expected to result from longer horizontal drilling programs, shared infrastructure, improved logistics, lower procurement costs through increased purchasing scale, streamlined field operations and reduced corporate administrative expenses.

Management estimates that the net present value of these anticipated synergies is approximately $700 million, highlighting the substantial long-term economic benefits of combining the two businesses. The overlapping acreage positions further enhance these efficiencies by simplifying development planning and reducing infrastructure duplication.

Infrastructure Assets Add Additional ValueIn addition to valuable upstream assets, the transaction includes important infrastructure that further strengthens Magnolia's competitive position. Among the most notable assets is a sand mine capable of supplying approximately 80% of Magnolia's annual sand requirements, including all of WildFire's operational needs. The facility also generates additional revenues through third-party sand sales, creating another source of cash flow.

The acquisition also includes more than 500 miles of gas gathering pipelines throughout the Giddings region. Ownership of this infrastructure provides greater operational control, reduces transportation costs, improves production efficiency and contributes to stronger operating margins over the long term.

Higher Free Cash Flow Supports Increased Shareholder ReturnsOne of the primary financial benefits of the acquisition is its immediate positive impact on Magnolia's key financial metrics. Management expects the transaction to be highly accretive to cash flow per share, free cash flow per share, earnings per share, operating margins and overall capital efficiency.

Reflecting confidence in the company's enhanced financial outlook, Magnolia announced a 9% increase in its quarterly dividend, raising the payout from 16.5 cents to 18.0 cents per share, beginning in the third quarter of 2026. The company also reaffirmed ongoing commitment to repurchasing at least 1% of its outstanding shares every quarter, continuing the disciplined approach to returning capital to shareholders.

Financial Discipline Remains a Core PriorityAlthough MGY will temporarily increase leverage to finance the acquisition, management emphasized that its conservative financial strategy remains unchanged. The transaction will be funded through cash on hand, newly issued MGY equity, new debt financing, borrowings under the expanded revolving credit facility and the assumption of WildFire's outstanding notes.

Under the terms of the agreement, WildFire owners will receive approximately 32.2 million Magnolia Class A common shares, while MGY will assume roughly $600 million of WildFire's outstanding notes due in 2029. The company has also expanded its secured credit facility to support the acquisition and expects strong free cash flow generation to reduce leverage rapidly after closing.

Strong Q2 Updates Demonstrate Operational MomentumAlongside the acquisition announcement, Magnolia released its second-quarter 2026 operational update. The company reported average production of 106.1 thousand barrels of oil equivalent per day, including 41.9 thousand barrels, while drilling and completion capital expenditures totaled $125 million. MGY concluded the quarter with approximately $296 million in cash, reflecting its continued financial strength.

Supported by stronger-than-expected production performance, the company increased its standalone full-year 2026 production growth guidance from 5% to 6%. Updated production and capital guidance for the combined company will be provided after the WildFire acquisition closes, which is expected during the third quarter of 2026.

MGY Positions Itself for Long-Term SuccessThe acquisition of WildFire Energy represents a transformational milestone for MGY. By expanding its premier acreage position, increasing infrastructure ownership, strengthening future drilling opportunities and enhancing operational efficiencies, Magnolia has reinforced its long-term growth strategy. The combined company is expected to generate higher free cash flow, stronger financial returns, improved shareholder distributions and sustainable production growth while maintaining its disciplined approach to capital allocation. As the transaction moves toward completion, MGY is well-positioned to strengthen its competitive standing within the U.S. oil and gas industry while delivering lasting value to investors.

MGY's Zacks Rank & Key PicksCurrently, MGY has a Zacks Rank #3 (Hold).

Investors interested in the energy sector might consider some better-ranked stocks, such as Par Pacific (PARR - Free Report) ,Cheniere Energy (LNG - Free Report) , both sporting a Zacks Rank #1 (Strong Buy), and Delek US Holdings (DK - Free Report) , carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Par Pacific is valued at 3.89 billion. It is a diversified energy company that owns and operates petroleum refineries, logistics assets and retail fuel businesses across the United States. Par Pacific focuses on refining, transporting and marketing fuel products while serving regional markets with reliable energy solutions.

Cheniere Energy is valued at $55.52 billion. It is a leading U.S. producer and exporter of liquefied natural gas (“LNG”), supplying energy to customers across more than 40 international markets. Cheniere Energy operates major LNG export terminals in Louisiana and Texas and focuses on providing reliable, lower-carbon energy solutions.

Delek US Holdings is valued at $3.96 billion. It is a diversified downstream energy company engaged in petroleum refining, renewable fuels, asphalt production and logistics operations. Delek US Holdings operates multiple refineries in the United States and is committed to delivering safe, reliable energy while investing in cleaner energy initiatives.

SoFi Technologies, Inc. (SOFI - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Shares of this company have returned +2% over the past month versus the Zacks S&P 500 composite's +0.3% change. The Zacks Financial - Miscellaneous Services industry, to which SoFi Technologies belongs, has lost 3.8% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.

Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.

We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For the current quarter, SoFi Technologies is expected to post earnings of $0.11 per share, indicating a change of +37.5% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.4% over the last 30 days.

For the current fiscal year, the consensus earnings estimate of $0.59 points to a change of +51.3% from the prior year. Over the last 30 days, this estimate has changed -0.2%.

For the next fiscal year, the consensus earnings estimate of $0.8 indicates a change of +34.8% from what SoFi Technologies is expected to report a year ago. Over the past month, the estimate has changed -0.5%.

Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, SoFi Technologies is rated Zacks Rank #3 (Hold).

The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:

12 Month EPS

Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.

In the case of SoFi Technologies, the consensus sales estimate of $1.11 billion for the current quarter points to a year-over-year change of +29.7%. The $4.66 billion and $5.62 billion estimates for the current and next fiscal years indicate changes of +29.9% and +20.5%, respectively.

Last Reported Results and Surprise HistorySoFi Technologies reported revenues of $1.09 billion in the last reported quarter, representing a year-over-year change of +41.1%. EPS of $0.12 for the same period compares with $0.06 a year ago.

Compared to the Zacks Consensus Estimate of $1.04 billion, the reported revenues represent a surprise of +4.66%. The EPS surprise was 0%.

Over the last four quarters, SoFi Technologies surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period.

ValuationWithout considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.

Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.

The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an A is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.

SoFi Technologies is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.

Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about SoFi Technologies. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.

Net sales increase 46%, while gross profit materially outpaces top-line growth, Company materially closer to cash-flow breakeven.

WEST SENECA, NY / ACCESS Newswire / July 22, 2026 / Worksport Ltd. (NASDAQ:WKSP) ("Worksport" or the "Company"), a U.S.-based innovator and manufacturer of hybrid and clean energy solutions primarily for the light truck, overlanding, and global consumer goods markets, today reported preliminary and unaudited monthly financial performance demonstrating a meaningful improvement in the quality of its revenue growth. From April through June 2026, net sales increased approximately 46%, while gross profit increased approximately 132%, reflecting substantial gross-margin expansion and increasing gross-profit contribution from the Company's growing sales base.

Preliminary gross profit increased from approximately $310,000 in April to $720,000 in June, while net sales increased from approximately $1.43 million to $2.08 million. The Company has achieved a sustainable gross-margin running rate above 35% and expects to maintain or increase from this level.

Preliminary Monthly Financial Highlights

June net sales of approximately $2.08 million, up approximately 46% from April and 21% from May

June gross profit of approximately $720,000, up approximately 132% from April and 15% from May

Gross margin run rate now stable above 35% compared to 26% in Q1 2026.

Monthly gross profit increased by approximately $410,000 between April and June

Preliminary and unaudited

April 2026

May 2026

June 2026

April-to-June Growth

Net sales

$1.43 million

$1.73 million

$2.08 million

46%

Gross profit

$0.31 million

$0.63 million

$0.72 million

132%

Gross Profit Growth Materially Outpaces Net Sales

Worksport's preliminary monthly results demonstrate that the Company is generating substantially more gross profit as its sales base expands, alongside growing product adoption.

Between April and June, monthly net sales increased by approximately $650,000, while monthly gross profit increased by approximately $410,000. This performance reflects both continued top-line growth and a significant improvement in the amount of gross profit generated from each dollar of revenue.

June also demonstrated continued momentum from May. Net sales increased approximately 35% month over month, while gross profit increased approximately 9%, with gross profit continuing to outpace top-line growth.

The Company believes the combination of higher sales, improving gross margins and gross profit growing materially faster than revenue represents continued progress in the underlying economics of its business. The Company believes that a continuation of this trend will steer the Company into operational cash flow positivity, and then profitability, in the near-term.

"These preliminary results demonstrate that Worksport's growth is becoming increasingly productive," said Steven Rossi, Chief Executive Officer of Worksport. "From April to June, net sales increased approximately 46%, while gross profit increased approximately 132%. The business generated more sales, but more importantly, it generated substantially more gross profit from that growing revenue base."

"Our gross margin has improved by almost 1000 BPS from Q1 2026, even as monthly sales continued to expand. This is the type of operating progression we have been working toward: stronger sales, improving margins and gross profit growth that materially outpaces the top line. We believe the growth will only continue"

"Our focus remains on sustaining this momentum, continuing to scale our automotive business and converting our expanding gross-profit base into continued progress toward operational cash-flow positivity."

Strengthening Financial Contribution

Worksport believes this improvement in financial condition strengthens the value of continued revenue growth and positions the Company to generate greater financial contribution as it scales its existing automotive product portfolio and advances its broader product and commercialization strategy.

The Company expects to provide complete financial results for the second quarter of 2026 in its applicable filing with the U.S. Securities and Exchange Commission by about August 11, 2026.

The figures contained in this release are preliminary and unaudited, have not been reviewed by the Company's independent registered public accounting firm and remain subject to quarter-end accounting procedures and potential adjustments. Actual results may differ from the preliminary figures presented herein.

Stay tuned for more information and join our mailing list to stay up to date with the latest: Join Worksport's Newsletter

Contacts

Investor Relations, Worksport Ltd. T: 1 (888) 554-8789 ext. 128

W: investors.worksport.com W: www.worksport.com E: [email protected]

Connect with Worksport Chief Executive Officer, Steven Rossi

Steven Rossi X (Twitter)

Steven Rossi LinkedIn

About Worksport

Worksport Ltd. (Nasdaq:WKSP), through its subsidiaries, designs, develops, manufactures, and owns the intellectual property on a variety of tonneau covers, solar integrations, portable power systems, and clean heating & cooling solutions. Worksport's hard-folding cover, designed and manufactured in-house, is compatible with all major truck models and is gaining traction with newer truck makers including the electric vehicle (EV) sector. Worksport seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and Cold-Climate Heat Pump (CCHP) technology. Terravis Energy's website is terravisenergy.com.

Connect with Worksport

Please follow the Company's social media accounts on X (previously Twitter), Facebook, LinkedIn, YouTube, and Instagram, the links of which are links to external third-party websites, as well as sign up for the Company's newsletters at investors.worksport.com.

Social Media Disclaimer

The Company does not endorse, ensure the accuracy of, or accept any responsibility for any content on these third-party websites other than content published by the Company. Investors and others should note that the Company announces material financial information to our investors using our investor relations website, press releases, Securities and Exchange Commission ("SEC") filings, and public conference calls and webcasts. The Company also uses social media to announce Company news and other information. The Company encourages investors, the media, and others to review the information the Company publishes on social media. The Company does not selectively disclose material non-public information on social media. If there is any significant financial information, the Company will release it broadly to the public through a press release or SEC filing prior to publishing it on social media.

Forward-Looking Statements

The information contained herein may contain "forward‐looking statements." Forward‐looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "scheduled," "expect," "future," "intend," "plan," "project," "envisioned," "should," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. These statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial situation may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) supply chain delays; (ii) acceptance of our products by consumers; (iii) delays in or nonacceptance by third parties to sell our products; (iv) competition from other producers of similar products; and (v) with respect to any potential additional financing transactions, there can be no assurance that any such transactions will be consummated, and any such transactions would be subject to, among other things, market conditions, available shelf registration capacity, applicable regulatory requirements (including Nasdaq listing rules), negotiation and execution of definitive documentation on mutually acceptable terms, and approval by the Company's Board of Directors. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including, without limitation, our latest Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.

SOURCE: Worksport Ltd.

AI Data Centers Need Power, and These 2 Industrials Are Cashing InGE Vernova NYSE: GEV raised its 2026 revenue and free cash flow outlook after reporting sharply higher second-quarter orders, expanded backlog and stronger margins, as management said demand for power generation and grid equipment continues to accelerate globally.

Chief Executive Officer Scott Strazik said the company is benefiting from what he described as the early stages of a multi-decade growth opportunity in the electric power industry. GE Vernova’s total backlog reached $176 billion at the end of the quarter, up $13 billion sequentially, with management saying it remains on track to reach $200 billion in 2027.

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MarketBeat Week in Review – 07/06 - 07/10“Our team is executing well as the demand for our solutions in power and electrification accelerates,” Strazik said. He noted that equipment orders more than doubled in the quarter, while service orders grew 15%.

Orders Rise 88% as Backlog Expands Chief Financial Officer Ken Parks said GE Vernova booked $24.2 billion of orders in the second quarter, an 88% year-over-year increase, with a book-to-bill ratio of slightly more than two times. Revenue rose 12%, including 14% growth in equipment revenue and 10% growth in services revenue.

GE Vernova’s Power Surge Turns the Grid Into an AI TradeAdjusted EBITDA increased 61% year-over-year to $1.2 billion, and adjusted EBITDA margin expanded 340 basis points. Parks attributed the margin improvement to more profitable volume, higher pricing and productivity gains that more than offset inflation.

Free cash flow was $5.1 billion in the quarter, up $4.9 billion from a year earlier. Parks said working capital provided a $6.4 billion cash benefit, mainly from higher down payments tied to increased orders and slot reservations in Power and higher orders in Electrification.

The company ended the quarter with approximately $13 billion in cash, up $3 billion from the end of the first quarter, after returning $2.5 billion to shareholders through dividends and share repurchases during the quarter. Under its $10 billion share repurchase program, GE Vernova has repurchased about $7 billion of stock, representing 12.4 million shares at an average price of $560 per share.

Power Segment Fueled by Gas Turbine Demand In Power, orders more than doubled, driven by Gas Power equipment orders that increased approximately four times year-over-year. GE Vernova shipped three gigawatts of gas equipment during the quarter while signing 20 gigawatts of orders and slot reservation agreements in markets including the U.S., Brazil and Qatar.

Strazik said the company’s total gigawatts under contract increased sequentially from 100 to 116 gigawatts, including orders for 52 heavy-duty units and 61 aeroderivative units in the quarter. He said more than half of the gigawatts under contract are for GE Vernova’s HA turbines, which are expected to run at baseload and support services growth in the next decade.

Power revenue increased 14%, and segment EBITDA margin expanded 320 basis points to 18.8%. Parks said the improvement was mainly driven by favorable pricing and higher volume, partially offset by inflation and expenses tied to capacity and research and development investments.

For the third quarter, GE Vernova expects Power revenue growth of 17% to 19% and EBITDA margin of approximately 17% to 18%.

Electrification Backlog Grows on Grid and Data Center Demand Electrification orders increased 66% year-over-year to approximately $6.3 billion, or about 1.7 times revenue, as demand grew for substations, switchgear and transformers. Parks said equipment orders growth was particularly strong in North America, rising approximately four times year-over-year.

Strazik said GE Vernova booked $2.7 billion of data center orders in Electrification during the second quarter, bringing first-half data center orders in the segment to more than $5 billion, more than double the full-year 2025 level. Electrification equipment backlog rose to $41 billion, up 69% from the second quarter of 2025.

Revenue in Electrification increased 68% on a reported basis, including the impact of Prolec, and 29% organically. Prolec contributed nearly $900 million of revenue in the quarter. Segment EBITDA more than doubled, with margin expanding 700 basis points to 18.4%.

For the third quarter, the company expects Electrification revenue of $3.8 billion to $4 billion and continued year-over-year EBITDA margin expansion, with margins modestly above second-quarter levels.

Wind Losses Continue, but Services Improve GE Vernova’s Wind segment remained under pressure. Orders declined 40%, mainly due to lower onshore equipment orders in North America, partially offset by higher services orders. Revenue declined 11%, reflecting lower onshore equipment deliveries, partly offset by higher onshore services and offshore revenue tied to Dogger Bank B activity.

Wind reported EBITDA losses of $275 million in the quarter, which Parks said was in line with expectations. The loss widened year-over-year because of lower onshore equipment deliveries and higher offshore project costs, partially offset by improved onshore services.

For the third quarter, management expects Wind revenue to decline at a low double-digit rate year-over-year, while EBITDA is expected to be approximately break-even. For the full year, GE Vernova continues to expect Wind EBITDA losses of about $400 million.

2026 Guidance Raised on Strong First Half GE Vernova raised its 2026 revenue outlook to $45.5 billion to $46.5 billion, up $1 billion from its previous forecast, citing additional growth in Electrification and Power. The company maintained its adjusted EBITDA margin guidance of 12% to 14%.

The company also increased its 2026 free cash flow guidance to $11.5 billion to $12.5 billion, up from a prior range of $6.5 billion to $7.5 billion. Parks said the higher forecast reflects stronger orders and down payments, along with higher adjusted EBITDA.

Power organic revenue is now expected to grow 18% to 20% in 2026, with EBITDA margins of 17% to 19%. Electrification revenue guidance was raised by $500 million to $14.5 billion to $15 billion, with EBITDA margins still expected at 18% to 20%. Wind organic revenue is still expected to decline at a low double-digit rate. During the question-and-answer session, Strazik said GE Vernova remains on track to increase Gas Power output from roughly three gigawatts per quarter to five gigawatts per quarter starting in the third quarter, reaching a 20-gigawatt annualized run rate. He said the company now sees an opportunity to reach 30 gigawatts of annual output in 2030 through lean initiatives, incremental machinery and use of existing factory space.

Strazik also said the company expects to end 2026 with at least 125 gigawatts under contract and that it is “mostly sold out” through 2030, with more than half of 2031 production slots expected to be contracted by year-end.

Management said GE Vernova continues to invest in capacity, research and development, robotics and automation. Strazik said the company completed the acquisition of Robotech Automation in early July, describing it as a small transaction that could help improve productivity across the business.

About GE Vernova (NYSE:GEV)GE Vernova is the energy-focused company formed from the energy businesses of General Electric and operates as a publicly listed entity on the NYSE under the ticker GEV. It is organized to design, manufacture and service equipment and systems used across the power generation and energy transition value chain, bringing together legacy capabilities in conventional power, renewables and grid technologies under a single corporate platform.

The company’s offerings span large-scale power-generation equipment such as gas and steam turbines and associated generators and controls, as well as renewable energy technologies including onshore and offshore wind platforms and hydro solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Hut 8 Today

$111.79 +2.81 (+2.58%)

As of 10:26 AM Eastern

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

52-Week Range$18.68▼

$140.80Price Target$121.26

When artificial intelligence (AI) models scale, they require an astonishing amount of electricity. Silicon Valley can design the fastest chips in the world, but without the physical power grid to turn them on, those chips are completely sidelined.

That reality is actively repricing the digital infrastructure market, and savvy market participants are watching a wealth transfer unfold from software developers to energy landlords.

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Hut 8 NASDAQ: HUT just provided a textbook example of this structural shift, securing a 15-year, $9.8 billion mega-lease that fundamentally alters the enterprise's valuation profile.

Flipping the Switch on a $9.8B LeaseThe immediate catalyst driving Hut 8's shares up 16% in recent trading sessions is the commercialization of its Beacon Point campus in Nueces County, Texas. Hut 8 locked down a second triple-net lease for 352 megawatts of IT capacity.

For those evaluating commercial real estate mechanics, a triple-net lease requires the tenant to cover all property expenses, including taxes, insurance, and maintenance. This specific structure protects the landlord's profit margins and creates highly predictable, utility-like cash flows.

The tenant, an unnamed high-investment-grade enterprise that also executed the Phase 1 lease, has now doubled its contracted footprint at the Texas site to 704 megawatts. By designing the second phase of this data hall around NVIDIA's NASDAQ: NVDA DSX reference architecture, Hut 8 is explicitly building for gigawatt-scale AI infrastructure.

Traditional data centers typically run rack power densities of 10 to 15 kilowatts. Artificial intelligence processing generates substantially more heat and requires specialized rack densities that frequently exceed 40 kilowatts. Designing specifically for NVIDIA infrastructure ensures the real estate commands top-tier premium pricing.

This transaction effectively transforms Hut 8 into an energy arbitrageur. The infrastructure provider is taking raw, low-cost utility interconnects in Texas and packaging them into specialized, high-margin hyperscaler real estate. The base-term contract value for the full 1,000-megawatt campus now stands at $19.6 billion. If the tenant exercises all three of its five-year renewal options, the gross campus-level contract value could scale to $50.2 billion.

Short-Circuiting the Crypto CyclesUnderstanding this transition requires examining the legacy business model closely. For years, Bitcoin (BTC) mining stocks traded as high-beta proxies for the broader cryptocurrency market. When digital asset prices fell, the related equities suffered heavy institutional selling.

The first-quarter 2026 earnings report from Hut 8 highlighted this exact financial vulnerability. Despite revenue of $139.31 million, which beat consensus estimates, the company reported an earnings-per-share loss of $1.98. The primary culprit was a $295.7 million unrealized loss on digital assets held on the balance sheet.

That extreme cyclicality makes it difficult for traditional institutional investors to underwrite long-term cash flow models. The Beacon Point transaction changes that calculus entirely. With total contracted IT capacity across the AI data center portfolio reaching 949 megawatts, management expects average annual net operating income to exceed $1.75 billion upon full stabilization.

By securing long-term revenue streams backed by high-investment-grade counterparties, the operational business begins to decouple from Bitcoin's price. The legacy crypto treasury will continue to cause short-term balance-sheet friction, but the underlying business is rapidly transitioning to a highly dependable cash-generating utility model.

Why Power Is the Ultimate AI ChokepointTo grasp why hyperscalers are willing to sign $9.8 billion leases, investors must look at the broader macroeconomic picture. Compute hardware is no longer the primary chokepoint of the artificial intelligence revolution. Raw power access holds that title today. Training next-generation large language models requires gigawatt-level infrastructure, and the domestic power grid is struggling to meet that immediate demand.

Companies that previously secured large utility interconnects for cryptocurrency mining find themselves holding the exact asset Big Tech desperately needs. We are seeing this theme validate itself across the entire sector. TeraWulf NASDAQ: WULF recently achieved a market capitalization of approximately $9 billion to $10 billion after securing an AI infrastructure deal. Core Scientific NASDAQ: CORZ currently trades at a $7.1 billion valuation, driven by high-density colocation demand.

Hut 8 holds a distinct competitive advantage through pure scale. Offering 1,000 megawatts of utility capacity at a single location under an interconnection agreement with AEP Texas creates a formidable economic moat. It saves hyperscalers the logistical nightmare of distributing their compute clusters across dozens of smaller, fragmented data centers.

Fast-Tracking the Greenfield GridThe velocity of this transition is equally compelling. Management noted that Hut 8 took the Beacon Point greenfield site from its very first lease to full commercialization in a matter of months. That aggressive timeline signals a clear intent to apply this exact origination and delivery model across the remaining development pipeline.

The executive team is also utilizing strategic financial engineering to support the equity value during this transition phase. Hut 8 recently initiated a $250 million stock repurchase program, targeting up to 5% of the outstanding common stock. Retiring shares before the anticipated 2028 cash flows from Phase 2 hit the balance sheet is a highly accretive move for long-term shareholders.

Options market data reflects the magnitude of this corporate pivot. Implied volatility remains elevated in the 113% to 115% range, with single-session call volume frequently spiking well above historical averages. While short interest remains relatively healthy at roughly 12.5% of the float, the fundamental shift toward long-term real estate contracts limits the downside thesis for bearish traders. Insider trading data shows $12.2 million in executive sales over the trailing 90 days. This warrants mild observation, though it likely reflects standard portfolio rebalancing after a 120% year-to-date run rather than a lack of conviction in the forward-looking cash flows.

Powering Up a Long-Term TransitionThe execution of this second mega-lease proves that energy infrastructure platforms can successfully reposition themselves at the very top of the artificial intelligence food chain. By converting legacy power agreements into high-margin, long-term contracts, Hut 8 is building a financial profile more like that of a premier commercial real estate investment trust than a volatile crypto miner.

Those navigating the digital infrastructure sector might want to monitor how quickly the new lease revenues eclipse the legacy digital asset balance sheet. The real test will be the initial energization scheduled for early 2027 and the expected Phase 2 data hall delivery in 2028.

Investors with a long-term time horizon may consider evaluating Hut 8 as a pure-play energy arbitrage asset. However, cautious market participants should remain aware of the short-term earnings volatility tied to the remaining cryptocurrency exposure.

Should You Invest $1,000 in Hut 8 Right Now?Before you consider Hut 8, you'll want to hear this.

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Key Takeaways SNDK is leveraging BiCS8 technology to strengthen its position in enterprise SSDs for AI storage workloads.SNDK is expanding through nodal technology transitions instead of costly greenfield capacity investments.SNDK's new business model agreements cover more than one-third of its fiscal 2027 bit volume. Sandisk (SNDK - Free Report) currently trades at a forward 12-month price-to-earnings multiple of 8.3X, well below the Zacks Computer Storage Devices industry’s average of 10.67X and at a steep discount to the broader Computer and Technology sector’s average of 23.55X. This discounted valuation stands out, given SNDK's accelerating position in the NAND flash market, its expanding enterprise SSD franchise and a rapidly improving earnings trajectory supported by a richer mix across data center, edge and consumer end markets.

SNDK’s P/E Valuation
Image Source: Zacks Investment Research

SNDK shares have jumped 569.5% year to date, outperforming the Zacks subindustry's return of 204.7% and the broader sector's advance of 12.1%. Its peers, Micron Technology (MU - Free Report) , Seagate Technology (STX - Free Report) and Western Digital (WDC - Free Report) have gained 242.3%, 226.0% and 222.3%, respectively, over the same period, all trailing SNDK by a wide margin.

SNDK has been benefiting from surging AI-driven demand for NAND flash across data center inference architectures, backed by its BiCS8 technology leadership and an expanding enterprise SSD portfolio. Its multiyear supply partnerships and disciplined capacity expansion through nodal transitions rather than costly greenfield investment provide a competitive edge as demand for AI storage infrastructure accelerates.

SNDK’s YTD Performance
Image Source: Zacks Investment Research

AI-Driven Demand and Datacenter Opportunity Fuel SNDK's GrowthSNDK is benefiting from the structural shift toward AI computing, which requires substantially more NAND flash storage per deployment compared with traditional workloads. AI training models and inference applications are generating massive data volumes that demand high-performance enterprise SSDs, creating a favorable environment where SNDK is commanding premium pricing for its advanced technology products. These benefits materialized in the fiscal third quarter with datacenter revenue surging 233% sequentially as enterprise SSD qualifications broadened across hyperscale customers.

SNDK's leadership has consistently framed NAND as the most scalable semiconductor technology available for inference workloads, including KV cache and retrieval-augmented generation applications that require dense, low-latency flash storage well beyond what DRAM or high-bandwidth memory can economically deliver at global scale. 2026 datacenter bit growth expectations have moved sharply higher over the past several quarters, reflecting how rapidly hyperscale customers are redesigning inference architectures around NAND capacity. SNDK's TLC based enterprise SSD portfolio anchored by BiCS8 technology has driven the bulk of this datacenter strength while its QLC Stargate solution is set to begin shipping for revenues in the fiscal fourth quarter, adding a further layer of growth and positioning the company ahead of storage peers Micron Technology, Western Digital and Seagate Technology in the race to capture AI infrastructure demand.

New Business Models Add Structural Earnings VisibilitySNDK is reshaping its business through multi-year supply partnerships known as new business models designed to lock in committed customer demand alongside committed financials for the company. Five such agreements have been signed to date, carrying minimum contractual revenue of approximately $42 billion and financial guarantees exceeding $11 billion, backed by prepayments and third-party administered instruments. These agreements, which stretch as long as five years, now cover more than a third of SNDK's fiscal 2027 bit volume and blend fixed and variable pricing, giving SNDK upside participation while offering customers assured supply. This move away from the industry's historically volatile quarter-to-quarter pricing dynamic is expected to deliver more durable and predictable earnings, a structural shift that differentiates SNDK from storage peers, Micron Technology, Western Digital and Seagate Technology, which have disclosed comparatively less detail on long-term contracted volume.

The Zacks Consensus Estimate for SNDK's fiscal 2026 earnings per share is pegged at $66.11, up 0.65% over the past 30 days and indicating year-over-year growth of 2111.04%. This estimate reflects the scale of the earnings transformation underway at SNDK as new business model agreements and broadening AI infrastructure demand reshape the company's revenue and margin profile.

ConclusionSNDK's accelerating AI-driven datacenter demand and a maturing multiyear contract book present a compelling investment case. Its year-to-date outperformance against peers, Micron Technology, Western Digital and Seagate Technology reflects growing recognition of its strategic positioning within the AI storage buildout, while the pending QLC Stargate ramp and rising new business model coverage offer meaningful near-term catalysts. These structural tailwinds support a favorable entry point for investors seeking AI storage exposure.

Sandisk currently sports a Zacks Rank #1 (Strong Buy) and has a Growth Score of A, a favorable combination that offers a strong investment opportunity, per the Zacks Proprietary methodology. You can see the complete list of today's Zacks #1 Rank stocks here.

Engineering milestone evidences continued maturation of the KRONOS MMR™ Energy System, reducing technical risk while supporting advancement toward future first-of-a-kind deployment, component standardization, and commercialization.

New York, New York and Ollioules, France--(Newsfile Corp. - July 22, 2026) - NANO Nuclear Energy Inc. (NASDAQ: NNE) ("NANO Nuclear" or "the Company"), a leading advanced nuclear micro modular reactor and technology company focused on developing clean energy solutions, today announced its advancement of a strategic engineering collaboration with internationally recognized engineering and consulting firm Fortil, related to the design of the Fuel Handling & Storage System for the Company's proprietary KRONOS MMR™ Energy System.

The Fuel Handling & Storage System is a critical subsystem that is an essential part of the KRONOS MMR™ architecture, supporting the safe handling, storage, and management of nuclear fuel throughout reactor operations. Under the collaboration with NANO Nuclear's engineering team, Fortil's dedicated nuclear engineering team is responsible for the multidisciplinary engineering and design of the subsystem, leveraging expertise across mechanical engineering, systems engineering, nuclear safety, instrumentation and control, and radiation protection.

Fortil has extensive experience delivering multidisciplinary engineering services for the nuclear energy industry. The collaboration leverages Fortil's expertise in nuclear engineering, systems integration, and specialized fuel handling solutions to accelerate the development of a robust, integrated fuel handling system supporting the KRONOS MMR™ as it progresses toward commercialization and deployment.

The collaboration has now reached a notable engineering milestone with conceptual design activities near conclusion. This milestone establishes the technical basis for the Fuel Handling & Storage System by evaluating engineering solutions against program requirements, defining key subsystem interfaces, and producing the engineering documentation that will guide subsequent development activities. Collectively, this work reduces technical risk, supports future first-of-a-kind deployment, and establishes an engineering framework capable of supporting standardized future commercial deployments.

Figure 1 - NANO Nuclear Energy Inc. and Fortil Advance Engineering Collaboration for the KRONOS MMR™ Fuel Handling & Storage System

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11703/306064_b089b54ba41a887b_003full.jpg

Building upon this milestone, NANO Nuclear and Fortil expect to commence preliminary design activities, where the validated engineering approach is further developed through increased analytical detail, subsystem integration, and engineering refinement.

This engineering milestone follows significant recent regulatory progress for the KRONOS MMR™. Earlier this year, the U.S. Nuclear Regulatory Commission ("NRC") formally accepted the Construction Permit Application for deployment of the KRONOS MMR™ at the University of Illinois Urbana-Champaign for review and subsequently initiated formal review activities, providing additional clarity regarding the anticipated licensing schedule. NANO Nuclear believes the current review schedule provides the opportunity to begin initial construction activities during the second half of 2027, subject to regulatory approvals and customary project requirements.

The Company also believes the KRONOS MMR™ remains the first commercially-ready microreactor program to reach this stage of the U.S. NRC licensing process, reflecting continued progress across both regulatory and engineering activities as the program advances toward commercialization.

James Walker, Chief Executive Officer of NANO Nuclear Energy, said: "The successful commercialization of advanced nuclear technology depends upon disciplined engineering execution alongside continued regulatory progress. Our collaboration with Fortil on the Fuel Handling & Storage System represents another important milestone in advancing the KRONOS MMR™ program and further strengthens the technical foundation supporting future deployment. As this critical subsystem progresses from conceptual design into preliminary design, we continue to mature the reactor architecture, systematically reduce technical risk and build the engineering basis necessary to support future licensing, construction and commercialization."

Jay Yu, Founder and Chairman of NANO Nuclear Energy, added: " NANO Nuclear's strategy remains centered on building KRONOS through disciplined engineering development, strategic partnerships and proactive regulatory engagement. Our continued collaboration with Fortil reflects this strategy by bringing together complementary expertise to advance a key reactor subsystem. We believe each engineering milestone further strengthens the commercial readiness of the KRONOS MMR™ while continuing to build the industrial ecosystem necessary to support first-of-a-kind deployment and subsequent commercial deployments."

Bosko Jovanovic, Head of Nuclear Development of Fortil, added: "Our collaboration with NANO Nuclear marks an important step forward and a meaningful consolidation of Fortil's nuclear development. By bringing together our multidisciplinary engineering expertise and NANO Nuclear's advanced reactor design, we are strengthening our position in the nuclear energy sector and building the long-term capabilities required to support ambitious, first-of-a-kind programs such as the KRONOS MMR™. We are proud to deepen this collaboration and to contribute to a technology that will play a key role in the future of clean energy."

Jeremy La Sala, Nuclear Projects Manager of Fortil, added: "We are proud to continue advancing our collaboration with NANO Nuclear on the KRONOS MMR™. The Fuel Handling & Storage System is a critical and complex subsystem requiring close integration across multiple engineering disciplines, rigorous systems engineering and a strong focus on nuclear safety. Our team is committed to delivering robust engineering solutions that establish a solid technical foundation for future design activities, and we look forward to continuing our work with NANO Nuclear as the KRONOS program progresses toward deployment."

About Fortil

Fortil is a multi-specialist international engineering and technology consulting group, driven by a mission to empower talent and to deliver projects with technical, human and environmental value.

Founded more than 15 years ago, the Group now operates across France, Europe, Africa, the Middle East and North America, supporting its clients on engineering and digital transformation projects with a comprehensive range of solutions that address their key growth challenges across all sectors. Within this footprint, Fortil has built recognized expertise in the nuclear energy sector, delivering multidisciplinary engineering services-spanning mechanical and systems engineering, nuclear safety, instrumentation and control, and radiation protection-for demanding, safety-critical programs.

This is made possible by the Group's 2,500 employees, who bring technical expertise and a spirit of innovation to their work every day.

Fortil stands out through its commitment to a virtuous model that pairs sustainable growth with lasting performance, built on independence and shared success. Since its founding, the Group has followed a distinctive path underpinned by an ambitious CSR approach that is fully integrated into its strategy.

For information, visit www.fortil.group | Follow us on LinkedIn @fortilgroup

Contact us at: [email protected]

About NANO Nuclear Energy, Inc.

NANO Nuclear Energy Inc. (NASDAQ: NNE) is a North American advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified, and vertically integrated company across five business lines: (i) cutting edge portable and other microreactor technologies, (ii) nuclear fuel supply chain, (iii) nuclear fuel transportation, (iv) nuclear applications for space and (v) nuclear industry consulting services.

Led by a world-class nuclear engineering team, NANO Nuclear's reactor products in development include the proprietary KRONOS MMR™ Energy System, a stationary high-temperature gas-cooled reactor that is in construction permit pre-application engagement U.S. Nuclear Regulatory Commission (NRC) in collaboration with University of Illinois Urbana-Champaign, "ZEUS", a portable solid core battery reactor, and the space focused, portable LOKI MMR™, each representing advanced developments in clean energy solutions that are portable, on-demand capable, advanced nuclear microreactors.

Advanced Fuel Transportation Inc. (AFT), a NANO Nuclear subsidiary, bolstered by the May 2026 acquisition of Secured Transportation Services (STS), is led by former executives from the largest transportation company in the world and provides nuclear engineering and materials transport services in the U.S. and globally. Through NANO Nuclear, AFT is the exclusive licensee of a patented high-capacity HALEU fuel transportation basket developed by three major U.S. national nuclear laboratories and funded by the Department of Energy.

HALEU Energy Fuel Inc. (HEF), a NANO Nuclear subsidiary, is focusing on the future development of a domestic source for a High-Assay, Low-Enriched Uranium (HALEU) fuel fabrication pipeline for NANO Nuclear's own microreactors as well as the broader advanced nuclear reactor industry.

NANO Nuclear Space Inc. (NNS), a NANO Nuclear subsidiary, is exploring the potential commercial applications of NANO Nuclear's developing micronuclear reactor technology in space. NNS is focusing on applications such as the LOKI MMR™ system and other power systems for extraterrestrial projects and human sustaining environments, and potentially propulsion technology for long haul space missions. NNS' initial focus will be on cis-lunar applications, referring to uses in the space region extending from Earth to the area surrounding the Moon's surface.

Cautionary Note Regarding Forward-Looking Statements

This news release and statements of NANO Nuclear's management and collaborators in connection with this news release contain or may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as "expects", "anticipates", "intends", "explore," "plans", "aim," "goal," "believes", "potential", "will", "should", "could", "would" or "may" or derivations of these words and other words of similar meaning about the future. In this press release, forward-looking statements include those relating to the future timing and prospects for NANO Nuclear's development of the Fuel Handling and Storage System and the overall KRONOS MMR™ Energy System, both through Fortil and generally. These and other forward-looking statements are based on information available to us as of the date of this news release and represent management's current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve significant known and unknown risks, uncertainties and other factors, which may be beyond our control. For NANO Nuclear, particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following: (i) risks related to our U.S. Department of Energy ("DOE"), U.S. Nuclear Regulatory Commission ("NRC"), Canadian Nuclear Safety Commission ("CNSC") or related state or other U.S. or non-U.S nuclear licensing submissions, (ii) risks related the development of new or advanced technology and the acquisition of complementary technology or businesses, including difficulties with design and testing, cost overruns, regulatory delays, integration issues and the development of competitive technology, (iii) our ability to obtain contracts and funding to be able to continue operations, (iv) risks related to uncertainty regarding our ability to technologically develop and commercially deploy a competitive advanced nuclear reactor or other technology in the timelines we anticipate, if ever, (v) risks related to the impact of U.S. and non-U.S. government regulation, policies and licensing requirements, including by the DOE, and the NRC, including those associated with the recently enacted ADVANCE Act and the May 23, 2025 Executive Orders seeking to streamline nuclear regulation, and (vi) similar risks and uncertainties associated with the operating a developing business a highly regulated, competitive and rapidly evolving industry, including that our plans may change and we may use our cash on hand faster or in different ways than anticipated as our business requires. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement, and NANO Nuclear therefore encourages investors to review other factors that may affect future results in its filings with the SEC, which are available for review at www.sec.gov and at https://ir.nanonuclearenergy.com/financial-information/sec-filings. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/306064

Source: NANO Nuclear Energy Inc.

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Posted by Defense World Staff on Jul 22nd, 2026

Cvfg LLC lifted its stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 154.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,665 shares of the iPhone maker’s stock after purchasing an additional 49,606 shares during the quarter. Apple comprises 2.6% of Cvfg LLC’s investment portfolio, making the stock its 6th biggest holding. Cvfg LLC’s holdings in Apple were worth $20,726,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. Lifetime Wealth Management P.C. bought a new position in shares of Apple in the 4th quarter worth $41,000. ROSS JOHNSON & Associates LLC lifted its stake in shares of Apple by 1,800.0% in the first quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after buying an additional 180 shares in the last quarter. Timmons Wealth Management LLC acquired a new position in shares of Apple during the fourth quarter valued at about $69,000. LSV Asset Management acquired a new position in shares of Apple during the fourth quarter valued at about $65,000. Finally, Inspire Investing LLC bought a new stake in shares of Apple during the fourth quarter worth about $76,000. 67.73% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity In related news, insider Ben Borders sold 1,274 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $290.00, for a total transaction of $369,460.00. Following the completion of the transaction, the insider owned 38,713 shares in the company, valued at approximately $11,226,770. This represents a 3.19% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Kevan Parekh sold 1,534 shares of the firm’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total transaction of $421,850.00. Following the sale, the chief financial officer owned 13,366 shares of the company’s stock, valued at $3,675,650. This trade represents a 10.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 2,924 shares of company stock valued at $825,546. 0.06% of the stock is owned by company insiders.

Apple Price Performance Apple stock opened at $327.74 on Wednesday. Apple Inc. has a 52 week low of $201.50 and a 52 week high of $334.99. The company’s 50 day moving average price is $304.95 and its two-hundred day moving average price is $277.89. The stock has a market cap of $4.81 trillion, a P/E ratio of 39.63, a P/E/G ratio of 2.84 and a beta of 1.10. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 0.70.

Apple (NASDAQ:AAPL – Get Free Report) last released its earnings results on Thursday, April 30th. The iPhone maker reported $2.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.95 by $0.06. The company had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. Apple had a return on equity of 146.69% and a net margin of 27.15%.Apple’s quarterly revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.65 earnings per share. On average, equities analysts predict that Apple Inc. will post 8.76 earnings per share for the current year.

Apple Increases Dividend The business also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were issued a $0.27 dividend. This is an increase from Apple’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Monday, May 11th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.3%. Apple’s payout ratio is presently 13.06%.

Trending Headlines about Apple Here are the key news stories impacting Apple this week:

Positive Sentiment: Apple is reportedly launching a new device leasing program with Klarna, a major change to how it sells hardware that could support upgrade demand and recurring device sales. Reuters: Apple to launch ‘Upgrade’ device leasing program to spur sales, Bloomberg News reports Positive Sentiment: HSBC upgraded Apple, saying it is entering a powerful new upgrade cycle supported by AI and a strong hardware roadmap. Barchart: HSBC Says Apple Is Entering a Powerful New Upgrade Cycle Positive Sentiment: Several commentators highlighted Apple’s pricing power, strong installed base, and relative insulation from the AI capex arms race as reasons investors are favoring AAPL over some other mega-cap tech names. MarketBeat: Apple Stock Sends Major Warning Signal as Momentum Hits Peak Wall Street Analyst Weigh In A number of equities research analysts recently weighed in on the stock. Robert W. Baird set a $310.00 target price on shares of Apple in a report on Friday, May 1st. HSBC raised Apple from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $260.00 to $366.00 in a report on Thursday, July 16th. Raymond James Financial set a $380.00 target price on Apple in a report on Monday. Royal Bank Of Canada set a $365.00 target price on Apple in a research report on Wednesday, July 15th. Finally, Evercore reissued an “outperform” rating on shares of Apple in a research report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $325.71.

Check Out Our Latest Stock Analysis on AAPL

About Apple (Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

Further Reading Five stocks we like better than Apple Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL – Free Report).

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Posted by Defense World Staff on Jul 22nd, 2026

Aware Super Pty Ltd as trustee of Aware Super purchased a new position in Meta Platforms, Inc. (NASDAQ:META – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 280,727 shares of the social networking company’s stock, valued at approximately $160,612,000. Meta Platforms comprises about 2.4% of Aware Super Pty Ltd as trustee of Aware Super’s holdings, making the stock its 7th largest holding.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. RHL Group LLC purchased a new stake in shares of Meta Platforms in the 4th quarter valued at $28,000. Strategic Wealth Advisors LLC purchased a new position in Meta Platforms in the 4th quarter worth $29,000. Niles Investment Management LLC purchased a new position in Meta Platforms in the 4th quarter worth $29,000. Bayban lifted its stake in Meta Platforms by 100.0% in the first quarter. Bayban now owns 70 shares of the social networking company’s stock worth $40,000 after purchasing an additional 35 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC purchased a new stake in Meta Platforms during the fourth quarter valued at about $42,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

Meta Platforms Trading Down 0.3% NASDAQ META opened at $643.81 on Wednesday. Meta Platforms, Inc. has a fifty-two week low of $520.26 and a fifty-two week high of $796.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.35 and a current ratio of 2.35. The stock has a 50 day simple moving average of $604.93 and a two-hundred day simple moving average of $626.52. The stock has a market cap of $1.63 trillion, a P/E ratio of 23.40, a price-to-earnings-growth ratio of 1.14 and a beta of 1.25.

Meta Platforms (NASDAQ:META – Get Free Report) last posted its earnings results on Wednesday, April 29th. The social networking company reported $10.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.67 by $3.77. The firm had revenue of $56.31 billion for the quarter, compared to analysts’ expectations of $55.56 billion. Meta Platforms had a return on equity of 36.93% and a net margin of 32.84%.The business’s revenue was up 33.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $6.43 earnings per share. On average, analysts forecast that Meta Platforms, Inc. will post 29.47 earnings per share for the current year.

Meta Platforms Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Monday, June 15th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Monday, June 15th. Meta Platforms’s payout ratio is presently 7.63%.

Insider Activity at Meta Platforms In other Meta Platforms news, CFO Susan J. Li sold 9,195 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $607.84, for a total value of $5,589,088.80. Following the completion of the sale, the chief financial officer directly owned 13,186 shares in the company, valued at $8,014,978.24. This trade represents a 41.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Andrew Bosworth sold 7,847 shares of Meta Platforms stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $607.83, for a total value of $4,769,642.01. Following the sale, the chief technology officer directly owned 414 shares in the company, valued at approximately $251,641.62. The trade was a 94.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 37,948 shares of company stock valued at $23,184,319 over the last quarter. Company insiders own 13.53% of the company’s stock.

Analysts Set New Price Targets A number of brokerages have recently issued reports on META. Guggenheim reduced their price objective on Meta Platforms from $850.00 to $800.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Benchmark began coverage on Meta Platforms in a report on Tuesday, June 2nd. They set a “buy” rating for the company. Citizens Jmp decreased their price target on Meta Platforms from $825.00 to $800.00 and set an “outperform” rating on the stock in a research note on Friday, July 10th. Wall Street Zen downgraded Meta Platforms from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Bank of America dropped their price objective on Meta Platforms from $885.00 to $820.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Meta Platforms currently has a consensus rating of “Moderate Buy” and a consensus target price of $835.64.

View Our Latest Report on Meta Platforms

Key Stories Impacting Meta Platforms Here are the key news stories impacting Meta Platforms this week:

Positive Sentiment: Wells Fargo raised its price target on Meta and kept an overweight rating, signaling expectations for meaningful upside from current levels. Benzinga report on Wells Fargo target hike Positive Sentiment: Rothschild & Co Redburn also boosted its target and reiterated a buy rating, reflecting growing optimism that Meta can monetize AI more effectively. Benzinga report on Rothschild & Co Redburn target hike Positive Sentiment: Multiple reports highlighted Meta’s expanding AI strategy, including possible cloud/compute sales and large enterprise deals, which could create a new revenue stream and support margins over time. Positive Sentiment: Bank of America said Meta is positioned to beat second-quarter expectations, citing healthy ad demand and AI-driven improvements ahead of earnings later this month. Positive Sentiment: Wall Street commentary continues to frame Meta as a key beneficiary of the AI spending boom, with investors watching whether infrastructure investment can be monetized faster than expected. Neutral Sentiment: A comparison piece versus Pinterest and a broader “Mag 7” article mainly added background, but did not change the core investment thesis for META. Negative Sentiment: Meta is facing a Tennessee trial over claims that Instagram was designed to be addictive and contributed to youth mental-health issues, adding legal and regulatory risk. Negative Sentiment: A New York Times report said Meta’s AI moderation mistakenly banned user accounts, raising questions about product reliability and trust in its automated systems. Negative Sentiment: Ongoing investor concerns remain around heavy AI spending, data-center financing, and whether returns on that capital will justify the expense. Meta Platforms Profile (Free Report)

Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.

Further Reading Five stocks we like better than Meta Platforms Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible

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Alphabet Inc. (NASDAQ:GOOG) shares are in the spotlight, with earnings on deck, a mixed technical setup and Edge Rankings all drawing attention.

Alphabet stock is trading near recent highs. What’s the outlook for GOOG shares? Earnings Preview & HistoryAlphabet is scheduled to report second-quarter earnings today after the market closes. Analysts estimate EPS of $2.88 along with revenue of $113.63 billion. For the prior quarter, Alphabet reported EPS of $5.11, beating the consensus estimate of $2.63. The company also posted revenue of $109.90 billion, exceeding the consensus estimate of $104.07 billion.

Alphabet has beaten EPS estimates in eight consecutive quarters. Over the last four quarters, the company has averaged an EPS surprise of 0.34% and a revenue surprise of 0.08%.

What To WatchBullish Long-Term, Bearish Short-TermFrom a trend perspective, Google is still holding the bigger uptrend: it’s trading about 8% above its 200-day SMA ($321.99) and about 1.3% above its 100-day SMA ($343.21), keeping the longer-term structure constructive. The shorter-term picture is choppier, with the stock about 1.5% below its 20-day SMA ($353.04) and about 5% below its 50-day SMA ($366.12), which is consistent with a cooling phase after the May swing high.

MACD is the cleaner momentum read right now: it’s below its signal line and the histogram is negative, which points to fading upside pressure unless buyers can push price back into the short-term moving-average band. In plain terms, MACD below the signal line often means rallies are having a harder time building follow-through.

The moving-average "map" also shows why rebounds may be work: the 20-day SMA is below the 50-day SMA (a bearish short-term crossover), even though the longer-term golden cross (50-day above 200-day) that formed in July 2025 still argues the primary trend hasn’t broken. That mix often produces range-like trading where rallies run into overhead supply and pullbacks get bought near longer-term support.

Key Resistance: $371.00 — a round-number area that also sits near the 50-day moving average zone, where rebounds can stall Key Support: $343.50 — a nearby floor that lines up closely with the 100-day SMA area, making it a logical spot for buyers to defend Benzinga Edge RankingsBelow is the Benzinga Edge scorecard for Alphabet Inc. Class C Capital Stock, highlighting its strengths and weaknesses compared to the broader market:

The Verdict: Alphabet’s Benzinga Edge signal reveals a momentum-and-growth-driven profile backed by very strong quality, but with less support from pure value. For longer-term bulls, that usually means pullbacks toward well-defined support can matter more than "cheapness," while upside follow-through often needs momentum to re-accelerate.

Alphabet Shares Trade FlatGOOG Price Action: At the time of publication, Alphabet shares are trading 0.27% higher at $347.14, according to data from Benzinga Pro.

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Posted by Defense World Staff on Jul 22nd, 2026

Candriam S.C.A. grew its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 3.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,023,574 shares of the computer hardware maker’s stock after buying an additional 261,537 shares during the quarter. NVIDIA makes up approximately 6.4% of Candriam S.C.A.’s portfolio, making the stock its largest position. Candriam S.C.A.’s holdings in NVIDIA were worth $1,224,911,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Lifetime Wealth Management P.C. purchased a new stake in shares of NVIDIA in the fourth quarter valued at $26,000. Longview Financial Advisors Inc. purchased a new position in shares of NVIDIA during the first quarter valued at $27,000. Longfellow Investment Management Co. LLC raised its position in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after buying an additional 67 shares during the period. Spurstone Advisory Services LLC acquired a new position in NVIDIA during the second quarter valued at $40,000. Finally, Inspire Investing LLC purchased a new stake in NVIDIA in the 4th quarter worth about $44,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth A number of brokerages have commented on NVDA. President Capital raised their price objective on NVIDIA from $280.00 to $295.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. DZ Bank restated a “buy” rating on shares of NVIDIA in a report on Thursday, May 21st. Truist Financial boosted their price objective on shares of NVIDIA from $287.00 to $307.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. William Blair reiterated an “outperform” rating on shares of NVIDIA in a research report on Tuesday, June 2nd. Finally, BNP Paribas Exane boosted their price target on shares of NVIDIA from $270.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $304.26.

Check Out Our Latest Stock Analysis on NVIDIA

NVIDIA Trading Up 2.0% NASDAQ:NVDA opened at $207.29 on Wednesday. The company has a market capitalization of $5.02 trillion, a P/E ratio of 31.74, a P/E/G ratio of 0.45 and a beta of 2.21. The stock’s 50 day moving average price is $209.04 and its 200 day moving average price is $195.41. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. NVIDIA Corporation has a 52 week low of $164.07 and a 52 week high of $236.54.

NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. The firm had revenue of $81.61 billion during the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company’s revenue was up 85.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.81 earnings per share. On average, research analysts forecast that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a $0.25 dividend. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Thursday, June 4th. NVIDIA’s dividend payout ratio is currently 15.31%.

NVIDIA announced that its board has authorized a stock buyback program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its shares are undervalued.

More NVIDIA News Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: NVIDIA disclosed that its next-generation Rubin AI chips are shipping to customers and that production is underway, reinforcing confidence that the company’s roadmap remains on schedule and competitive versus rivals like AMD and Broadcom. Nvidia Says Rubin AI Chips Are Shipping Positive Sentiment: The company also unveiled an expansion of its Agent Toolkit with Omniverse libraries, aimed at helping developers build simulation-ready “physical AI” applications for robotics, factories, and autonomous systems. That strengthens NVIDIA’s software ecosystem and could support longer-term demand for its hardware and platforms. NVIDIA Agent Toolkit Expands With New Omniverse Libraries Positive Sentiment: Investor sentiment was also helped by NVIDIA’s 9.3% stake in Nebius, which signals deeper involvement in AI cloud infrastructure and sparked a broad AI-infrastructure rally that reflects continued confidence in NVIDIA’s influence across the sector. Nebius stock surges as Nvidia discloses 9.3% stake in neocloud Neutral Sentiment: Wall Street commentary remains broadly constructive, with several pieces highlighting NVIDIA as a key AI growth name and a possible leader during earnings season, but these are mostly sentiment drivers rather than new fundamentals. Why Nvidia Stock Can ‘Lead the Charge’ This Earnings Season Neutral Sentiment: Some articles noted that other AI memory and infrastructure names have been outperforming NVIDIA lately, which is a reminder that the AI trade is broadening beyond NVDA even as it remains a core beneficiary. NVIDIA Isn’t Leading AI Stocks in 2026 – These 2 Are Up Over 180% Insider Buying and Selling In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John Dabiri sold 625 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the transaction, the director owned 14,163 shares in the company, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,901,125 shares of company stock worth $410,583,015. Corporate insiders own 3.94% of the company’s stock.

NVIDIA Profile (Free Report)

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

Featured Articles Five stocks we like better than NVIDIA Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).

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Key Takeaways NVIDIA's AI leadership, Blackwell adoption and data center growth support its stronger outlook.AMD is gaining AI traction through Instinct GPUs, EPYC processors and major cloud partnerships.NVIDIA's 19.31X forward P/E trails AMD's 53.04X despite stronger growth and profitability. Artificial intelligence (AI) continues to reshape the semiconductor industry, and NVIDIA Corporation (NVDA - Free Report) and Advanced Micro Devices, Inc. (AMD - Free Report) remain at the center of this transformation. Both companies are expanding rapidly as cloud providers, enterprises and AI developers spend heavily on AI infrastructure. While NVDA still dominates the AI accelerator market, AMD is making meaningful progress with its Instinct GPUs (graphics processing units) and EPYC server processors.

The question for investors is whether Advanced Micro Devices' faster stock rally makes it the better opportunity, or if NVIDIA's unmatched leadership still makes it the stronger long-term investment.

NVIDIA: The Undisputed AI Computing Chip LeaderNVIDIA continues to dominate the AI computing space. The company’s last reported results for first-quarter fiscal 2027 were another exceptional financial performance. First-quarter revenues soared 85% year over year to $81.6 billion as data center sales jumped 92% to a record $75.2 billion. Non-GAAP earnings surged 140% to $1.87 per share.

The rapid adoption of its Blackwell platform, strong networking demand and growing deployment across hyperscalers, enterprises and sovereign AI projects continue to strengthen its competitive position. During the last earnings call, management highlighted expanding opportunities in AI infrastructure, forecasting industry spending could eventually reach trillions of dollars annually.

Beyond GPUs, NVIDIA is widening its moat through networking, software and AI systems. CUDA remains the industry's preferred AI software ecosystem, making it difficult for customers to switch platforms. The company is also entering the data center CPU (central processing unit) market with Vera, creating another long-term growth engine.

Its enormous free cash flow supports higher shareholder returns through dividends and share repurchases while funding aggressive research and development. During the first quarter of fiscal 2027, NVIDIA generated $50.3 billion in operating cash flow and $48.6 billion in free cash flow. The company returned $243 million to its shareholders through dividend payouts and repurchased stocks worth $19.3 billion in the first quarter.

However, NVIDIA is not without risks. The company faces export restrictions to China, an increasingly competitive AI market and the challenge of sustaining extraordinary growth after several years of explosive expansion.

AMD: A Strong Challenger With Growing AI MomentumAdvanced Micro Devices is steadily strengthening its position in AI infrastructure. The company’s first-quarter 2026 revenues climbed 38% year over year to $10.3 billion, driven by record data center revenues of $5.8 billion, which increased 57%. Non-GAAP earnings jumped 43% year over year to $1.37 per share.

Advanced Micro Devices is witnessing strong demand for its EPYC server processors. The company’s Instinct AI accelerators continue to gain traction as customers move from pilot projects to production deployments. During the first-quarter earnings call, management expressed confidence that AI accelerator revenues could reach tens of billions of dollars annually in 2027, supported by growing partnerships with Meta, OpenAI and major cloud providers.

Advanced Micro Devices' biggest strength is its broad portfolio. Along with AI GPUs, it continues to gain server CPU market share, expand its AI PC offerings and improve its ROCm software platform. These efforts are making AMD a more credible alternative to NVIDIA.

Strong revenue growth and improving profitability are helping Advanced Micro Devices generate huge cash flows. In the first quarter of 2026, AMD reported $3 billion of cash from continuing operations and free cash flow of $2.6 billion.

Nonetheless, challenges remain for the company. NVIDIA continues to dominate the AI accelerator market with a much stronger software ecosystem and a larger installed customer base. Advanced Micro Devices also expects higher memory and component costs to weigh on PC and gaming demand during the second half of 2026. AMD’s share buybacks are not massive as it continues to invest heavily to narrow the technology gap with NVDA. In the first quarter of 2026, it repurchased shares worth $221 million.

NVIDIA vs. AMD: Which Has a Better Growth Outlook?Both companies are benefiting from growing spending on AI infrastructure buildouts by hyperscalers and enterprises, but analysts appear more optimistic about NVIDIA's growth outlook.

The Zacks Consensus Estimate for NVIDIA’s fiscal 2027 revenues and earnings indicates year-over-year growth of 80% and 90.6%, respectively. The consensus mark for fiscal 2027 earnings has also been revised upward by 4.36% over the past 60 days. The meaningful upward earnings estimate revision reflects growing confidence that sustained AI investments will continue to support NVDA’s earnings growth.

NVDA Consensus EPS Estimate Revision Trend
Image Source: Zacks Investment Research

On the other hand, the Zacks Consensus Estimate for Advanced Micro Devices’ 2026 revenues and earnings indicates year-over-year growth of 42.3% and 74.6%, respectively. AMD is also seeing positive estimate revisions, although the magnitude is relatively smaller. During the past 60 days, the consensus estimate for 2026 earnings has increased by 0.97%. While this remains encouraging, it suggests that analysts currently see stronger earnings momentum at NVIDIA.

AMD Consensus EPS Estimate Revision Trend
Image Source: Zacks Investment Research

Valuation: NVIDIA Offers Better Value Than AMDAt first glance, Advanced Micro Devices' 154.3% year-to-date rally far exceeds NVIDIA's 10.9% gain, reflecting growing investor confidence in its AI ambitions. However, the sharp rise has also pushed AMD's valuation significantly higher.

NVIDIA currently trades at a forward 12-month price-to-earnings (P/E) multiple of 19.31, well below Advanced Micro Devices' 53.04. That is notable because NVIDIA is delivering much faster revenue growth, stronger profitability, significantly higher free cash flow and remains the clear leader in AI accelerators. AMD remains an attractive long-term AI company, but much of its near-term optimism already appears reflected in its valuation.

NVIDIA vs. AMD: Which AI Stock Wins?Both NVIDIA and Advanced Micro Devices are well-positioned to benefit from the long-term AI investment cycle. AMD is executing well, gaining market share and building stronger customer relationships that should support years of growth.

However, NVIDIA continues to outperform on nearly every major metric, including revenue growth, profitability, software leadership, ecosystem strength, cash generation and shareholder returns. Combined with its lower valuation multiple, NVIDIA offers a more compelling balance of growth and value. For investors looking to capitalize on the AI boom today, NVIDIA remains the better investment bet.

Currently, NVIDIA sports a Zacks Rank #1 (Strong Buy), giving it a clear edge over Advanced Micro Devices, which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

I keep buying NVIDIA, and the reason has almost nothing to do with the chips. It’s the software giveaway underneath them. Most investors file NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) under “hardware,” and that framing is exactly why I’m still adding at $207.29. What I actually own is a freemium platform that happens to sell the world’s most expensive accelerators on the back end.

The Free Tier Is the Trap CUDA is free. Triton is free. NIMs, Dynamo 1.0, Nemotron, BioNeMo, Isaac, Omniverse. All free. Every graduate student, startup, and hyperscaler research team writes code against these libraries. Then the code only runs at full speed on NVIDIA silicon. “NVIDIA has the largest suite of acceleration libraries in the world,” Jensen Huang told analysts on the May call, and that’s the moat in plain language.

The paywall shows up at scale. When a customer moves from prototype to production, they build an AI factory rather than purchasing a single GPU. CFO Colette Kress framed it plainly: “Customers do not buy GPUs; they build AI factories. The right economic metric is not the purchase price of the GPU; it is the lifetime cost of an AI factory producing intelligence.” Switching costs at that level are brutal. You’d rewrite years of CUDA-optimized code, retrain teams, and lose performance. Almost nobody does it.

The Receipts Three numbers keep the buy button warm. First, growth that shouldn’t be possible at this size. Q1 FY2027 revenue hit $81.615 billion, up 85.23% year over year, with Data Center alone at $75.246 billion (+92%). Networking inside that number grew 199% YoY. Management guided Q2 to $91.0 billion.

Second, the margin structure the software stack enables. Gross margin 71.07%, operating margin 60.38%, ROE 101.5%, ROIC 92.2%. Free cash flow of $48.554 billion in a single quarter. Those are software-company economics attached to a hardware volume business.

Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.

Third, capital returns finally showing up. The board authorized an additional $80 billion buyback on top of $38.5 billion remaining, and lifted the quarterly dividend from $0.01 to $0.25. At a forward P/E of 23, I’m paying a market multiple for a compounder returning tens of billions to owners.

Why Not the Obvious Alternatives NVIDIA’s Data Center segment posted $75.25 billion in a single quarter, which is larger than AMD’s entire company revenue base, and AMD does not run CUDA. Broadcom is the other name people cite for AI silicon, but its custom ASIC business lacks the CUDA software ecosystem lock-in that keeps developers on NVIDIA year after year. I’m paying for a developer base that would need to be pried loose one library at a time.

The Risk I Actually Watch China. H20 shipments went to zero this quarter, and Q2 guidance excludes China Data Center compute revenue entirely. That’s real. What keeps the thesis intact is that demand outside China is absorbing every wafer TSMC can produce. The $91 billion Q2 guide assumes zero China contribution. Blackwell and Rubin combined carry $1 trillion in revenue visibility through calendar 2027. I don’t need China to make the math work.

What Keeps the Buy Button Active Reddit is skeptical, insiders are trimming, and the crowd on Polymarket sees limited near-term upside above $210. I’m buying for the long arc, because every free download of CUDA is a future paying customer, and there are roughly 250,000 enterprises that haven’t shown up yet. The freemium hook is set. I keep loading.

Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.

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Arvest Bank Trust Division increased its stake in shares of Visa Inc. (NYSE:V – Free Report) by 620.9% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 11,001 shares of the credit-card processor’s stock after purchasing an additional 9,475 shares during the period. Arvest Bank Trust Division’s holdings in Visa were worth $3,325,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Blacksheep Fund Management Ltd increased its position in shares of Visa by 108.7% in the first quarter. Blacksheep Fund Management Ltd now owns 100,710 shares of the credit-card processor’s stock worth $30,439,000 after purchasing an additional 52,460 shares during the last quarter. Alesco Advisors LLC An ESL Co grew its holdings in shares of Visa by 139.7% in the first quarter. Alesco Advisors LLC An ESL Co now owns 8,013 shares of the credit-card processor’s stock worth $2,422,000 after purchasing an additional 4,670 shares during the last quarter. Acumen Wealth Advisors LLC raised its stake in shares of Visa by 8.6% during the first quarter. Acumen Wealth Advisors LLC now owns 17,467 shares of the credit-card processor’s stock valued at $5,279,000 after acquiring an additional 1,384 shares during the last quarter. Saturna Capital Corp lifted its stake in Visa by 36.5% in the first quarter. Saturna Capital Corp now owns 1,869 shares of the credit-card processor’s stock worth $565,000 after acquiring an additional 500 shares during the period. Finally, Investidor Profissional Gestao de Recursos Ltda. increased its position in shares of Visa by 57.0% during the first quarter. Investidor Profissional Gestao de Recursos Ltda. now owns 47,995 shares of the credit-card processor’s stock valued at $14,506,000 after buying an additional 17,420 shares during the period. Hedge funds and other institutional investors own 82.15% of the company’s stock.

Analysts Set New Price Targets Several research firms have commented on V. Morgan Stanley reissued an “overweight” rating and issued a $415.00 target price on shares of Visa in a report on Wednesday, April 29th. BMO Capital Markets reiterated an “outperform” rating and issued a $387.00 price objective (up from $375.00) on shares of Visa in a research note on Wednesday, July 15th. Raymond James Financial reissued an “outperform” rating and issued a $389.00 target price on shares of Visa in a report on Wednesday, April 29th. Loop Capital began coverage on Visa in a research note on Tuesday, March 31st. They issued a “buy” rating and a $387.00 price objective for the company. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $400.00 price objective on shares of Visa in a report on Wednesday, April 29th. Seven investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $398.36.

Check Out Our Latest Stock Analysis on Visa

Insider Activity In related news, CEO Ryan Mcinerney sold 31,455 shares of the firm’s stock in a transaction dated Wednesday, April 29th. The stock was sold at an average price of $340.14, for a total transaction of $10,699,103.70. Following the sale, the chief executive officer owned 15,174 shares of the company’s stock, valued at $5,161,284.36. This trade represents a 67.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 2,027 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $360.00, for a total transaction of $729,720.00. Following the transaction, the general counsel owned 18,404 shares of the company’s stock, valued at approximately $6,625,440. This trade represents a 9.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 75,581 shares of company stock worth $25,627,975. 0.12% of the stock is currently owned by company insiders.

Visa Stock Performance Shares of Visa stock opened at $355.94 on Wednesday. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $365.14. The stock’s fifty day moving average is $335.74 and its two-hundred day moving average is $325.08. The company has a market capitalization of $638.47 billion, a PE ratio of 31.00, a price-to-earnings-growth ratio of 1.92 and a beta of 0.75. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64.

Visa (NYSE:V – Get Free Report) last issued its earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.21. The business had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $10.75 billion. Visa had a net margin of 51.68% and a return on equity of 65.00%. The company’s revenue for the quarter was up 17.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.76 EPS. As a group, analysts expect that Visa Inc. will post 13.13 earnings per share for the current year.

Visa Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were given a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Tuesday, May 12th. Visa’s dividend payout ratio is presently 23.34%.

Visa declared that its Board of Directors has authorized a stock buyback program on Tuesday, April 28th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the credit-card processor to buy up to 3.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Visa Company Profile (Free Report)

Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world’s largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa’s network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.

Visa’s product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.

Further Reading Five stocks we like better than Visa Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible

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Bessemer Group Inc. trimmed its stake in shares of JPMorgan Chase & Co. (NYSE:JPM) by 5.1% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,460,709 shares of the financial services provider’s stock after selling 237,830 shares during the period. JPMorgan Chase & Co. accounts for 2.1% of Bessemer Group Inc.’s portfolio, making the stock its 8th largest holding. Bessemer Group Inc. owned approximately 0.17% of JPMorgan Chase & Co. worth $1,312,162,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fidelis Capital Partners LLC grew its stake in shares of JPMorgan Chase & Co. by 7.9% during the fourth quarter. Fidelis Capital Partners LLC now owns 70,077 shares of the financial services provider’s stock valued at $22,580,000 after buying an additional 5,101 shares during the last quarter. Howard Capital Management Inc. boosted its holdings in JPMorgan Chase & Co. by 18.2% during the 4th quarter. Howard Capital Management Inc. now owns 25,784 shares of the financial services provider’s stock valued at $8,308,000 after acquiring an additional 3,976 shares during the period. Newbridge Financial Services Group Inc. grew its position in JPMorgan Chase & Co. by 51.7% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 8,883 shares of the financial services provider’s stock valued at $2,862,000 after acquiring an additional 3,027 shares during the last quarter. Brighton Jones LLC increased its stake in JPMorgan Chase & Co. by 11.0% in the fourth quarter. Brighton Jones LLC now owns 48,732 shares of the financial services provider’s stock worth $11,682,000 after purchasing an additional 4,841 shares during the period. Finally, KTF Investments LLC bought a new stake in shares of JPMorgan Chase & Co. during the fourth quarter worth $6,449,000. Institutional investors own 71.55% of the company’s stock.

Wall Street Analyst Weigh In Several research analysts recently commented on the stock. Evercore reaffirmed an “outperform” rating and issued a $360.00 price target on shares of JPMorgan Chase & Co. in a research note on Monday, July 6th. UBS Group lifted their target price on JPMorgan Chase & Co. from $375.00 to $384.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Royal Bank Of Canada increased their price target on JPMorgan Chase & Co. from $330.00 to $370.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 15th. Barclays upped their price objective on shares of JPMorgan Chase & Co. from $391.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 15th. Finally, Weiss Ratings raised shares of JPMorgan Chase & Co. from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $356.38.

Get Our Latest Stock Analysis on JPMorgan Chase & Co.

Trending Headlines about JPMorgan Chase & Co. Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: JPMorgan was named in Reuters reports as a potential participant in financing Japan’s planned $550 billion U.S. investment program, which could create additional fee and lending opportunities for the bank. Article Title Positive Sentiment: Analyst coverage remained constructive, with KBW initiating a Buy rating and a $384 price target, citing JPMorgan’s strong capital position, diversified revenue streams, and upside potential. Article Title Positive Sentiment: A separate note said JPMorgan may be about 4% undervalued based on fee growth and bond issuance activity, pointing to continued strength in capital markets and debt underwriting. Article Title Positive Sentiment: Financial stocks broadly moved higher during afternoon trading, and sector rotation commentary from Jim Cramer favoring banks over volatile tech stocks also supported the group. Article Title Neutral Sentiment: Jamie Dimon gave multiple interviews warning that markets are underestimating geopolitical, fiscal, and bond-market risks, and said he would not be buying stocks or long-term Treasurys at current levels. Those remarks may temper enthusiasm, but they also reinforce his reputation for caution rather than signaling a JPMorgan-specific problem. Article Title Neutral Sentiment: Dimon also said AI is already reducing jobs in some JPMorgan units, but framed it as a way to protect margins and improve efficiency rather than a direct earnings threat. Article Title Negative Sentiment: Dimon’s repeated warnings about geopolitics, U.S. debt, and bond-market risks could make some investors more cautious about the broader banking and market outlook. Article Title Insider Buying and Selling In other news, General Counsel Stacey Friedman sold 5,467 shares of the stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $330.73, for a total value of $1,808,100.91. Following the completion of the sale, the general counsel owned 40,961 shares of the company’s stock, valued at $13,547,031.53. This represents a 11.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jennifer Piepszak sold 4,919 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $309.42, for a total value of $1,522,036.98. Following the sale, the chief operating officer directly owned 85,082 shares of the company’s stock, valued at approximately $26,326,072.44. This trade represents a 5.47% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 18,876 shares of company stock worth $5,907,051. 0.41% of the stock is owned by corporate insiders.

JPMorgan Chase & Co. Trading Up 1.7% Shares of JPMorgan Chase & Co. stock opened at $344.74 on Wednesday. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 1.30. The firm’s 50 day simple moving average is $320.69 and its two-hundred day simple moving average is $310.48. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month high of $351.24. The firm has a market capitalization of $923.73 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 1.51 and a beta of 0.99.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last issued its earnings results on Tuesday, July 14th. The financial services provider reported $6.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. JPMorgan Chase & Co. had a return on equity of 18.23% and a net margin of 21.86%.The company had revenue of $58.02 billion during the quarter, compared to analyst estimates of $50.72 billion. During the same quarter last year, the business posted $4.96 EPS. The firm’s quarterly revenue was up 27.7% on a year-over-year basis. Analysts predict that JPMorgan Chase & Co. will post 23.38 EPS for the current year.

JPMorgan Chase & Co. Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, July 6th will be paid a $1.50 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 1.7%. JPMorgan Chase & Co.’s payout ratio is currently 25.71%.

JPMorgan Chase & Co. Profile (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

Further Reading Five stocks we like better than JPMorgan Chase & Co. Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding JPM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Chase & Co. (NYSE:JPM – Free Report).

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Financiere des Professionnels Fonds d investissement inc. lifted its holdings in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 249.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 66,853 shares of the financial services provider’s stock after acquiring an additional 47,698 shares during the period. JPMorgan Chase & Co. accounts for approximately 1.2% of Financiere des Professionnels Fonds d investissement inc.’s holdings, making the stock its 20th biggest holding. Financiere des Professionnels Fonds d investissement inc.’s holdings in JPMorgan Chase & Co. were worth $19,665,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Timmons Wealth Management LLC purchased a new stake in JPMorgan Chase & Co. during the fourth quarter valued at approximately $27,000. MBM Wealth Consultants LLC bought a new stake in shares of JPMorgan Chase & Co. in the 1st quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of JPMorgan Chase & Co. in the 4th quarter worth approximately $32,000. Osbon Capital Management LLC purchased a new position in shares of JPMorgan Chase & Co. in the 4th quarter worth approximately $35,000. Finally, Turning Point Benefit Group Inc. bought a new position in shares of JPMorgan Chase & Co. during the 3rd quarter valued at approximately $35,000. Institutional investors own 71.55% of the company’s stock.

Key Stories Impacting JPMorgan Chase & Co. Here are the key news stories impacting JPMorgan Chase & Co. this week:

Positive Sentiment: JPMorgan was named in Reuters reports as a potential participant in financing Japan’s planned $550 billion U.S. investment program, which could create additional fee and lending opportunities for the bank. Article Title Positive Sentiment: Analyst coverage remained constructive, with KBW initiating a Buy rating and a $384 price target, citing JPMorgan’s strong capital position, diversified revenue streams, and upside potential. Article Title Positive Sentiment: A separate note said JPMorgan may be about 4% undervalued based on fee growth and bond issuance activity, pointing to continued strength in capital markets and debt underwriting. Article Title Positive Sentiment: Financial stocks broadly moved higher during afternoon trading, and sector rotation commentary from Jim Cramer favoring banks over volatile tech stocks also supported the group. Article Title Neutral Sentiment: Jamie Dimon gave multiple interviews warning that markets are underestimating geopolitical, fiscal, and bond-market risks, and said he would not be buying stocks or long-term Treasurys at current levels. Those remarks may temper enthusiasm, but they also reinforce his reputation for caution rather than signaling a JPMorgan-specific problem. Article Title Neutral Sentiment: Dimon also said AI is already reducing jobs in some JPMorgan units, but framed it as a way to protect margins and improve efficiency rather than a direct earnings threat. Article Title Negative Sentiment: Dimon’s repeated warnings about geopolitics, U.S. debt, and bond-market risks could make some investors more cautious about the broader banking and market outlook. Article Title Wall Street Analysts Forecast Growth Several analysts recently weighed in on the company. UBS Group increased their price target on JPMorgan Chase & Co. from $375.00 to $384.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. Keefe, Bruyette & Woods lifted their price objective on shares of JPMorgan Chase & Co. from $370.00 to $384.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. Evercore reiterated an “outperform” rating and set a $360.00 price objective on shares of JPMorgan Chase & Co. in a research report on Monday, July 6th. Citigroup boosted their price objective on shares of JPMorgan Chase & Co. from $325.00 to $360.00 and gave the company a “neutral” rating in a research report on Monday. Finally, HSBC increased their target price on shares of JPMorgan Chase & Co. from $288.00 to $312.00 and gave the company a “hold” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat, JPMorgan Chase & Co. presently has an average rating of “Moderate Buy” and an average price target of $356.38.

Read Our Latest Analysis on JPM

Insiders Place Their Bets In other JPMorgan Chase & Co. news, COO Jennifer Piepszak sold 4,919 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $309.42, for a total value of $1,522,036.98. Following the transaction, the chief operating officer directly owned 85,082 shares in the company, valued at $26,326,072.44. This represents a 5.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeremy Barnum sold 3,022 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $309.41, for a total transaction of $935,037.02. Following the transaction, the chief financial officer directly owned 32,438 shares in the company, valued at approximately $10,036,641.58. This trade represents a 8.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 18,876 shares of company stock worth $5,907,051 in the last three months. Corporate insiders own 0.41% of the company’s stock.

JPMorgan Chase & Co. Stock Up 1.7% Shares of JPM opened at $344.74 on Wednesday. The firm has a market capitalization of $923.73 billion, a P/E ratio of 14.77, a P/E/G ratio of 1.51 and a beta of 0.99. JPMorgan Chase & Co. has a 12-month low of $279.10 and a 12-month high of $351.24. The company has a current ratio of 0.85, a quick ratio of 0.86 and a debt-to-equity ratio of 1.30. The firm has a fifty day moving average price of $320.69 and a 200-day moving average price of $310.48.

JPMorgan Chase & Co. (NYSE:JPM – Get Free Report) last posted its quarterly earnings results on Tuesday, July 14th. The financial services provider reported $6.14 EPS for the quarter, topping analysts’ consensus estimates of $5.59 by $0.55. The firm had revenue of $58.02 billion for the quarter, compared to analysts’ expectations of $50.72 billion. JPMorgan Chase & Co. had a net margin of 21.86% and a return on equity of 18.23%. The business’s revenue for the quarter was up 27.7% on a year-over-year basis. During the same period in the prior year, the business posted $4.96 earnings per share. Equities research analysts expect that JPMorgan Chase & Co. will post 23.38 earnings per share for the current year.

JPMorgan Chase & Co. Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be given a $1.50 dividend. This represents a $6.00 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Monday, July 6th. JPMorgan Chase & Co.’s payout ratio is 25.71%.

JPMorgan Chase & Co. Company Profile (Free Report)

JPMorgan Chase & Co (NYSE: JPM) is a diversified global financial services firm headquartered in New York City. The company provides a wide range of banking and financial products and services to consumers, small businesses, corporations, governments and institutional investors worldwide. Its operations span retail banking, commercial lending, investment banking, asset management, payments and card services, and treasury and securities services.

The firm’s principal business activities are organized across several core lines: Consumer & Community Banking, which offers deposit accounts, mortgages, auto loans, credit cards and branch and digital banking under the Chase brand; Corporate & Investment Banking, which provides capital markets, advisory, underwriting, trading and risk management services; Commercial Banking, delivering lending, treasury and capital solutions to middle-market and corporate clients; and Asset & Wealth Management, which offers investment management, private banking and retirement services to institutions and high-net-worth individuals.

Featured Stories Five stocks we like better than JPMorgan Chase & Co. Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible

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