Innovative Solution Reduces Ad Repetition, Improves Personalization
Across Both VOD and Live Sports & Entertainment
Announcement continues Omnicom Media's Cannes News Blitz Revealing First-Mover Collaborations That Connect Brand Content to Platform Programming, Viewing Experiences and Consumer Expectations
, /PRNewswire/ -- Omnicom Media, an Omnicom (NYSE: OMC) Connected Capability, and Disney Advertising are collaborating on a new CTV advertising solution - powered by Innovid, and enabled by Omnicom - that can trigger dynamic delivery of new advertising content in both video on demand and live sports & entertainment experiences that both reduces ad repetition and improves personalization.
Through this collaboration, Omnicom Media and Disney Advertising are meeting consumer expectations by enabling smarter frequency management and sequential storytelling that delivers the right message at the right moment and stronger outcomes for marketers.
The solution grew out of findings from two recent studies from Omnicom Media Intelligence. With "Why Frequency Matters: Combating Negative Reach," OM revealed that while overexposure to the same ad created "negative reach" – the point at which repeated impressions frustrate consumers and damage brand perception, consumers did not have an issue with seeing ads from the same brand with different creative executions. These findings were further validated in its latest report - "Connected Content" – in which OM examined consumer sentiment around the state of advertising and explored what drives engagement across content and delivery experiences. When asked how they would improve advertising, approximately half of all respondents cited "less repetition" as a primary way that advertising needs to improve.
"Omnicom Media and Disney Advertising are helping brands get better outcomes from their investment in premium streaming content and live sports & entertainment," said Omnicom Media Chief Product Officer Megan Pagliuca. "Instead of the risk of consumers seeing the same message over and over, advertisers can now move beyond the repetitive cycle with dynamic delivery of sequential storytelling that advances the customer journey."
How It Works
By understanding audience exposure by session, advertisers can deliver a sequence of complementary creative messages — across 15-, 30-, and 60-second formats — that build on one another to guide consumers through a brand story, product narrative, or customer journey. The result is a more relevant advertising experience that preserves the benefits of frequency while reducing the fatigue and frustration often associated with seeing the same ad creative repeatedly.
By combining Disney's premium content, engaged audiences and proprietary Audience Graph with Omnicom's Acxiom identity solution and Innovid's creative sequencing technology, this collaboration works to deliver a more sophisticated approach to storytelling, with advanced measurement built in.
In addition, for video on demand activations, Disney Advertising is using artificial intelligence and machine learning to analyze the content of programming, allowing marketers to initiate brand messaging with contextual relevance.
Using Omnicom's Omni Video Content measurement tool, advertisers can understand how sequential storytelling influences engagement, reach, frequency, and business results.
The collaboration underscores the growing industry focus on balancing advertising effectiveness with viewer experience as streaming platforms mature and advertisers look for more advanced ways to manage exposure, creative sequencing, and engagement across connected TV environments.
"As streaming technology continues to advance, brands have new opportunities to tell stories that evolve with each impression," said Jamie Power, SVP, Addressable Sales, Disney Advertising. "Rather than delivering the same message repeatedly, advertisers can use each exposure to build on a narrative, introduce new ideas, and deepen consumer engagement. That's a fundamentally more powerful approach to storytelling and one that creates more value for both consumers and marketers."
The capability is currently live in the US, with EU launching late in 2026 and LATAM following.
CONTACT: [email protected]
ABOUT OMNICOM MEDIA
Omnicom Media, an Omnicom (NYSE: OMC) Connected Capability, is the world's largest global media management network. Powered by the Omni Intelligence Platform, Omnicom Media agencies leverage $75.6 billion in billings, 40,000+ specialists across 70+ markets, and the industry's most powerful portfolio identity, commerce, and intelligence assets to design dynamic Growth Ecosystems that enable the world's most ambitious businesses to grow faster and smarter. The Omnicom Media portfolio includes global media agency brands OMD, Initiative, PHD, UM, Hearts & Science, and Mediahub; core Omnicom Integrated Media offerings Acxiom, the world's premier identity solution, and the Flywheel digital commerce practice; and specialty services across the cloud consulting, creator, financial, healthcare, and sports & entertainment categories.
Key Takeaways Atlassian's Service Collection topped $1B in ARR and is growing more than 30% YoY.AI users resolve issues 13% faster and handle 20% more issues than non-AI users on the platform.Salesforce and ServiceNow are intensifying competition with AI-powered service platforms. Atlassian Corporation’s (TEAM - Free Report) Service Collection momentum continues to build, reinforcing the view that the business can remain a key driver of growth in the coming years. The offering surpassed $1 billion in annual recurring revenue (ARR) in the third quarter of fiscal 2026 and is growing more than 30% year over year, making it one of Atlassian’s fastest-growing businesses. Demand remains strong across enterprises, with more than 65,000 customers, including over half of the Fortune 500, relying on the platform for IT, HR, legal, finance and customer service workflows.
The business is benefiting from Atlassian’s expanding AI capabilities. Customers using Service Collection’s AI tools resolve issues 13% faster and handle 20% more issues than non-AI users, while the segment accounts for roughly half of all agentic automation runs across Atlassian’s platform. The integration of Rovo AI and the Teamwork Graph is further enhancing productivity and creating a powerful data flywheel that improves customer outcomes and platform stickiness.
Another encouraging trend is the expansion of Service Collection beyond traditional IT use cases. More than 60% of deployments now support non-IT functions, significantly increasing Atlassian’s addressable market. Recent investments in AI agent orchestration and Rovo-powered service automation further strengthen the platform’s long-term opportunity.
With strong ARR growth, rising enterprise adoption and continued market-share gains, Service Collection appears well-positioned to support Atlassian’s revenue growth in the years ahead. The Zacks Consensus Estimate for TEAM’s fiscal 2026 and 2027 revenues is pegged at $6.46 and $7.32 billion, respectively, indicating year-over-year growth of 23.95% and 13.29%.
Competition Mounts for Atlassian’s Service PlatformSalesforce (CRM - Free Report) is intensifying pressure on Atlassian’s service platform through its AI-powered Service Cloud and Agentforce ecosystem. CRM highlighted strong service adoption, growing AI-driven service deployments and advantages in deep customer data integration. While Atlassian benefits from developer-centric workflows, CRM offers broader customer engagement capabilities and larger enterprise relationships, creating a formidable challenge as organizations consolidate service and support operations.
ServiceNow (NOW - Free Report) is emerging as the most formidable competitor to Atlassian's service management momentum. NOW emphasized its ITSM leadership, AI-native platform, governance controls, workflow automation and vast enterprise context engine. Unlike Atlassian’s collaborative approach, NOW promotes an end-to-end operating system for IT and business workflows. As enterprises seek unified service management and AI orchestration, NOW continues to leverage scale, automation and platform depth to gain share.
TEAM’s Price Performance, Valuation & EstimatesYear to date, TEAM shares have declined 49.9%, substantially underperforming both the Zacks Computer & Technology sector's 14.9% gain and the Internet – Software industry's 16.2% fall.
TEAM’s Price Performance
Image Source: Zacks Investment Research
In terms of valuation, TEAM is trading at a premium, as indicated by its Value Score D. The stock currently trades at a Price-to-Book (P/B) ratio of 23.49x, significantly above the industry average of 4.27x.
TEAM’s Valuation
Image Source: Zacks Investment Research
TEAM's earnings outlook continues to strengthen. The Zacks Consensus Estimate for fiscal 2026 earnings is currently pegged at $5.48 per share, remaining stable over the past month while rising 16.3% in the last 60 days. The projected figure represents a substantial 48.91% increase from the prior year.
EPS Trend of TEAM Stock
Image Source: Zacks Investment Research
TEAM stock currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
BOSTON, June 23, 2026 (GLOBE NEWSWIRE) -- CarGurus, the No. 1 most visited automotive shopping site in the U.S.1, today released its 2026 Mid-Year Review, highlighting a year shaped so far by resilient consumer demand as consumer preferences are pushing new milestones across key segments, from luxury SUVs selling faster than the new vehicle average to used hybrid prices hitting all-time highs.
“The first half of 2026 has been defined by demand holding especially strong at both ends of the price spectrum,” said Kevin Roberts, Director of Economic and Market Intelligence at CarGurus. “At one end, full-size luxury SUVs priced above $80,000 are clearing lots in under 30 days. At the other, almost half of the used cars sold this year were models over 7 years old, with high-mileage trucks priced around $20,000 seeing the largest gains. At the same time, used hybrid prices have hit an all-time high. Buyers have shown they’ll continue to adapt to a market that’s constantly finding new norms.”
Key themes from the report include:
$50,000 has become the norm for new vehicles: The average new car list price reached $50,900 this spring, up 3.3% since December. With the average hovering near this level since 2022, a lasting shift has likely taken hold. Inventory mix has flipped alongside pricing. In 2020, over half of new inventory was priced below $35,000. Today, there is more inventory above $50,000 than below $35,000.
Full-size SUVs signal strength at the higher end: In a market resetting around higher price points, full-size SUVs are one of the clearest indicators that demand at the top is healthy. These vehicles are turning about 16% faster year-over-year, at nearly 53 days vs. 65 days in 2025, and outpacing the national average for new vehicles. The Cadillac Escalade, averaging at about $122,000, and the Toyota Sequoia, averaging $84,000, are clearing lots in under 30 days.Drivers are holding onto their vehicles longer, reshaping used car expectations: The average vehicle on U.S. roads is now nearing teenage years. As the gap between average new and used prices has widened from roughly $13,000 in 2015 to $21,000 today, shoppers have become more willing to compromise higher age and mileage for more value. The share of sales for 7-year-old and older models has grown from 32% in 2020 to 40% today, and sales of vehicles with 60,000 to 150,000 miles are up 16%. The top-moving models in this category include the Ford F-150, Chevrolet Silverado 1500, and RAM 1500, averaging around $20,000 with more than 120,000 miles on the odometer.
Gas prices have shaped clean powertrain demand, pushing hybrids to new highs: Interest in clean powertrains climbed through May, up nearly 4 percentage points on new vehicles and 2 points on used, before starting to dip once gas prices eased in June. The reaction to rising gas prices has impacted used hybrids the most. Used hybrid sales are up nearly 34% year-to-date, with average list prices hitting an all-time high of $38,800, up about 11% so far this year. The Toyota Camry Hybrid, Honda CR-V Hybrid, Jeep Wrangler 4xe, and Toyota RAV4 Hybrid are leading sales growth. Used EVs are also gaining, with demand concentrated in the $25,000 to $31,000 range, led by the Hyundai Ioniq 5, Chevrolet Equinox EV, Tesla Model Y, Kia EV6, and Hyundai Ioniq 6. To learn more about these trends and more, the CarGurus 2026 Mid-Year Review is available here.
About CarGurus, Inc.
CarGurus (Nasdaq: CARG) is the leading multinational automotive platform helping consumers and dealers confidently buy and sell vehicles. Founded in 2006 with a mission to bring more trust and transparency to car shopping, CarGurus is the No. 1 visited automotive shopping site in the U.S.1 with the largest selection of inventory and network of dealers.2 CarGurus’ unmatched selection, trusted automotive insights, and data-driven products and solutions support each shopper’s journey — from online research and shopping to in-dealership decisions — to empower them at every step. And, by translating data from billions of monthly site interactions, CarGurus provides dealers a personalized, predictive intelligence platform with software solutions that helps them run their businesses more efficiently and profitably at all stages of inventory acquisition and pricing, marketing, and conversion to sale.
CarGurus operates online marketplaces in the U.S., U.K., and Canada. The company’s network of brands includes PistonHeads, the largest online motoring community in the U.K.3, and Autolist, a U.S.- based online marketplace.
To learn more about CarGurus, visit www.cargurus.com.
1 Similarweb: Traffic and Engagement Report (Cars.com, Autotrader.com, TrueCar.com, CARFAX.com Listings (defined as CARFAX.com Total Visits minus Vehicle History Reports)), Q1 2026, U.S.
2 Largest car shopping platform defined as most inventory and largest dealer network. Compared to Autotrader.com , Cars.com, TrueCar.com, and CARFAX (Joreca as of December 31, 2025).
3 Similarweb: Traffic Insights, Q1 2026, U.K.
CarGurus® and Autolist® are each a registered trademark of CarGurus, Inc., and PistonHeads® is a registered trademark of CarGurus Ireland Limited in the U.K. and the European Union. All other product names, trademarks, and registered trademarks are property of their respective owners.
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APi Group demonstrates strong growth momentum through double-digit organic growth and strategic M&A, notably acquiring Wtech Fire Group and Onyx-Fire Protection Service. APi Group raised full-year sales guidance twice post-acquisitions, now targeting $8.575–$8.775 billion revenue and $1.165–$1.225 billion adjusted EBITDA. Valuation has become more attractive, with shares down from April highs and forward P/E multiples compressing to around 20x on improved earnings outlook.
Advancing financing partner alignment for BTC Structured Income Program; in active discussions on a pilot transaction with a major U.S. insurer for Credit Rating Securities Toronto, Ontario and New York, New York--(Newsfile Corp. - June 23, 2026) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX" or the "Company") today provided a corporate update on two of its principal commercialization workstreams. BTC Structured Income Program - Financing Partner Alignment The Company is pleased to report that it has finalized and executed a definitive agreement with a leading global digital asset lender - recognized as one of the most active and established credit providers in the cryptocurrency sector - for the senior secured lending facility that forms the foundational layer of capital for the Company's BTC Structured Income Program (the "Program").
New national report shows people are seeking trusted guidance, clear communication and low-pressure experiences as everyday choices become more complex
LEXINGTON, Ky.--(BUSINESS WIRE)--Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today released its inaugural State of American Decision Making Report, a new national report examining how Americans navigate everyday choices amid rising costs, busy schedules, and an increasingly complex information environment.
The report reveals a striking contradiction: while nearly two-thirds of Americans (64.4%) describe themselves as very confident decision-makers, four in 10 (40.3%) say they often or always feel overwhelmed by the number of decisions they face in a typical week, and 31.4% say they often or always second-guess themselves after making a decision.
From managing household budgets to maintaining a vehicle, the findings point to a broader consumer mindset: Americans are looking for choices that feel clear, trustworthy and worth it, especially when the stakes feel higher.
"This report underscores something we see every day: people want everyday decisions to feel easier, clearer and more worthwhile," said Laura Carpenter, Chief Customer Officer, Valvoline Inc. "Convenience is often what helps customers take action and trust is what helps them feel good about the decision they made. When customers understand what they need, know what to expect and feel they can trust the person helping them, the experience becomes easier and far less stressful. That is especially true in vehicle maintenance, where quick, easy service and trusted guidance work together to give customers confidence."
Among the report’s key findings:
Americans feel confident, but many still feel overwhelmed: Nearly two-thirds of Americans (64.4%) say they feel very confident in their ability to make smart everyday decisions, yet 40.3% say they often or always feel overwhelmed by the number of decisions they face in a typical week. Trust reinforces the value of convenient vehicle maintenance: When choosing where to maintain their vehicle, convenience is often a common benefit, but 35% of Americans also prioritize the option they trust most, along with 17.4% who prioritize the lowest price and 12.6% who prioritize the fastest option. Consumers want low-pressure, transparent service: When making a wise choice for auto services, consumers do not want to be pressured (49.9%), and also value transparent pricing (47.8%) and things explained plainly (42.3%). Rising costs are making Americans more deliberate: Nearly half of Americans (47.1%) say they compare more options before choosing when costs go up, while 30.4% say they prioritize value over price alone. Relief is a powerful measure of a good decision: More than half of Americans (56.9%) say they feel relieved after making a decision they are happy with, and 47.4% say they feel relieved after getting their vehicle serviced. The report shows Americans increasingly define a good decision as one that reduces stress, avoids regret and helps them move on with confidence.
The findings suggest that in an environment defined by more information, more options and more pressure, Americans are looking for convenience and also for choices that feel informed, trustworthy and sensible — and for brands that can make those choices easier.
The findings also align with Valvoline Instant Oil Change’s recent “The Ride Wrangler” campaign, which encourages drivers to “change wisely” by choosing service they can trust.
The full State of American Decision-Making Report is available at https://www.vioc.com/newsroom/state-of-american-decision-making/.
About Valvoline Inc.
Valvoline Inc. (NYSE: VVV) delivers quick, easy, trusted service at more than 2,400 franchised and company-operated service centers across the United States and Canada. The Company completes more than 30 million services annually system-wide, from about 15-minute stay-in-your-car oil changes to a variety of manufacturer-recommended maintenance services such as wiper replacements and tire rotations. At Valvoline Inc., it all starts with our people, including the 13,000 team members who are working to drive the full potential of our core business, deliver sustainable network growth, and innovate to meet the evolving needs of our customers and the car parc. For more information, visit vioc.com.
Samsara’s first dedicated online community, where physical operations professionals can build connections, share knowledge, and access resources to strengthen performance
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced the Samsara Community, a global online hub for the world of physical operations. With tens of thousands of customers across North America and Europe, the Samsara Community has the potential to become one of the world’s largest professional networks for physical operations.
The organizations responsible for moving goods, building infrastructure, and delivering essential services are among the most critical contributors to the global economy. When the people running them are better connected, learn from each other faster, and have immediate access to the knowledge and resources they need, the impact extends well beyond any single organization. This is what the Samsara Community is built to enable.
"The Samsara Community can be a tremendous asset for everyone on the platform," said Samuel Barkas, Production Technology Manager at Smith Ready Mix, Inc., who gained early access to the Samsara Community. "Having a dedicated space to share experiences, troubleshoot challenges, and learn from others is invaluable. Being able to ask a question and get responses from so many experienced operators in one place can't be found anywhere else."
Samsara has long invested in bringing the industry together through events such as Samsara Beyond, taking place this week in Las Vegas, Samsara User Groups, and Samsara Safety Summits. Those gatherings have made clear that the Samsara customer base is one of the most valuable resources available to any operator. The Samsara Community is a commitment to foster those connections at a global scale, giving every organization—regardless of sector or organization size—access to that collective expertise at any time.
Samsara Community members can participate in product-specific forums and industry and regional groups, as well as access a range of Samsara resources, including Knowledge Base articles, Academy courses, and virtual events. Members can also participate in programs that directly inform Samsara’s product roadmap.
“Providing new opportunities to build connections is an important investment in our customers’ long-term success,” said Meagen Eisenberg, Chief Marketing Officer at Samsara. “We have spent more than a decade building one of the most diverse and experienced customer bases in physical operations. The Samsara Community is how we put that collective knowledge to work and shape the industry’s future.”
Further information about the Samsara Community:
Who can join? Anyone with access to a Samsara dashboard, including trial users.When is it available? The Community is available now.Where do you sign up? Those interested can access the Community through their Samsara dashboard or register at community.samsara.com with their credentials.About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names or trademarks belong to their respective holders.
Caliber and Protech Automotive Solutions to Lead Breakout Session on Fleet Repair Innovation at Samsara Beyond 2026
LEWISVILLE, Texas--(BUSINESS WIRE)--Caliber Fleet Solutions, a dedicated fleet repair and service offering from Caliber, today announced it will be a Platinum-level sponsor at Samsara Beyond 2026 in Las Vegas, NV, June 23–26, 2026, at the ARIA Resort & Casino. As part of the sponsorship, Caliber Fleet Solutions will be hosting attendees at Booth #200 for live demonstrations of its digital repair coordination platform and one-on-one conversations with fleet operations specialists.
As fleet operators work to improve vehicle utilization, reduce operational disruption, and navigate increasingly complex repair requirements, visibility across the repair lifecycle has become more important than ever. Caliber Fleet Solutions brings together Caliber's national service network—spanning collision repair, auto glass, mobile services, and advanced diagnostics—with enhanced digital coordination to simplify repair management, improve visibility, and keep vehicles on the road.
The digitally-connected offering enables fleet operators to coordinate repairs across service types, gain real-time visibility into repair status, and streamline intake and scheduling within existing fleet workflows. The platform's insights capabilities give fleet operators a strategic view of their operations—identifying patterns across vehicle types, damage frequency, and associated repair costs to inform smarter, data-driven decisions. Operators can also analyze where and how damage most commonly occurs to support driver behavior programs and prevention efforts, while performance data helps teams evaluate driver satisfaction across their network.
Samsara is digitizing the world of physical operations. Its Connected Operations® Platform makes it easy for organizations to access, analyze, and act upon real-time IoT data from vehicles, assets, equipment, and more. Bringing all of this data together into one integrated platform provides customers with actionable insights to improve their safety, efficiency, and sustainability. At Samsara Beyond, leaders will come together to connect and discuss the future of work, navigating change, and how to drive results that matter.
Breakout Session: Smarter Repairs, Faster Uptime
On Thursday, June 25, leaders from Caliber and Protech Automotive Solutions will host a breakout session titled Smarter Repairs, Faster Uptime: A New Playbook for Fleet Teams, from 11:30 AM to 12:15 PM PDT in Joshua 7–8.
The session will examine the key forces reshaping fleet repair today — including increasing vehicle complexity, evolving OEM requirements, and the growing role of ADAS and electric vehicle platforms in determining how vehicles must be serviced and returned to the road. Attendees will leave with a practical framework to evaluate repair options, reduce operational risk, and improve uptime across their fleets.
Topics will include:
How ADAS, electric vehicle platforms, and integrated vehicle technologies are changing what fleet repair requires Where gaps exist in today’s repair market and the risks fleets face without the right capabilities in place How Caliber and Protech are investing in technician training, OEM-aligned repair processes, and integrated diagnostics and calibration capabilities to support fleets at scale A practical framework for evaluating repair options and building a more connected repair strategy “Samsara Beyond brings together exactly the kinds of fleet and operations leaders who are navigating the growing complexity of vehicle repair,” said Brent Jones, Senior Vice President of Fleet Operations at Caliber. “We’re looking forward to sharing what we’re seeing in the market, what it takes to keep modern fleets moving, and how Caliber Fleet Solutions is helping operators get there.”
To learn more about Caliber Fleet Solutions or to connect with the team at Samsara Beyond, visit caliber.com/services/fleet.
Learn more about Samsara Beyond at https://www.samsarabeyond.com/.
About Caliber
Founded in 1997, the Caliber portfolio of brands has grown to more than 1,850 locations nationwide and features a full range of complementary automotive services, including Caliber Collision, the nation’s largest auto collision repair provider across 41 states, Caliber Auto Glass for glass repair and replacement, and Caliber Fleet Solutions. With the purpose of Restoring the Rhythm of Your Life®, Caliber’s more than 30,000 teammates are committed to getting customers back on the road safely and back to the rhythm of their lives.
Awards honor leading organizations and individuals driving transformative results in operations; Tyson Foods, Inc., Enercare, Grupo Aralo, Sysco GB, among those recognized
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced the winners of its 2026 Connected Operations Awards, recognizing the remarkable achievements of its customers in safety, efficiency, sustainability, and innovation. The annual awards program honors organizations and individuals across North America and EMEA who demonstrate the clear benefits of AI-powered operations.
“The winners of Samsara's Connected Operations Awards are proof that AI represents a fundamental shift in how work gets done—one that's already saving lives and cutting costs,” said Robert Stobaugh, Chief Operating Officer at Samsara. "The submissions told stories of safer workers, more efficient operations, and real impact for communities. What unites every winner is a team that refuses to settle, and we’re proud to work alongside them.”
Introducing the 2026 global award winners:
U.S. and Canada: Discover their stories
Safest Operator: Utility Supply & Construction Company Innovation in Sustainable Operations: Massey Services Digital Transformation of the Year: Enercare Most Innovative Workforce: Tyson Foods, Inc. Technology Leader of the Year: David Perez, Vice President of Safety, First Student Driver of the Year (U.S.): Darrin J. Lonsdale, Action Resources Driver of the Year (Canada): Jessie-Lee Beaudoin, Whitewater Management LP Mexico: Discover their stories
Safest Operator: Grupo Aralo Digital Transformation of the Year: Royal Transports Excellence in Physical Security: Transportes MexAmerik Driver of the Year: José Rigoberto Carrera Ruiz, Flecha Amarilla EMEA: Discover their stories
Safest Operator (UK): Speedy Hire Safest Operator (Germany): SafeDriver ennoo Excellence in Driver Engagement: Sysco GB Most Sustainable Operations: Lanes Group Industry Innovator: Renew Holdings plc Driver of the Year: Richard Meehan, JLL A snapshot of the impactful results winners drove with Samsara:
Utility Supply & Construction Company achieved a 98% reduction in insurance claim costs, dropping from a historical high of $1.4M to just $22K midway through the current policy year Massey Services saved $1.3M in fuel costs in one year with centralized fuel reporting and idling alerts Enercare reduced operating costs through better vehicle utilization, cutting vehicle dormancy by 26% Grupo Aralo dropped its collision risk per mile by 70% while increasing its Security Score by 164% in Mexico Lanes Group digitized 1.3M form submissions per year and reduced vehicle idling by 83%, improving efficiency across the business "With fuel costs where they are today, every gallon matters. Samsara helped us save more than a million dollars in fuel costs in a single year and changed how we manage our fleet,” said Bryan Campbell, Director of Risk Management at Massey Services. “Our safety program benefitted too. We’ve reduced accidents by 35% and traffic violations by 88%. When you find a partner who genuinely understands your operations, the results show.”
Further information about the awards:
Learn more about the winners from the U.S. and Canada, Mexico, and EMEA Read about the winners for Excellence in Performance in the Public Sector, Dallas Fort Worth International Airport and Garden City Public Schools, announced at Samsara Go Beyond Public Sector About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names or trademarks belong to their respective holders.
All statistics and expectations listed herein are provided by Samsara’s customers.
Built on real-world data from millions of connected assets, operations teams can now discover, customize, and deploy AI Agents with Samsara’s Agent Studio
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today announced the launch of new agentic tools that help teams automate monotonous tasks, reduce manual work, and respond faster across their operations. The new capabilities include a first-of-its-kind Agent Studio designed for physical operations that lets teams leverage pre-configured agents or build their own from scratch.
"Agent Studio gives us the ability to look at our own daily processes and build to fix the gaps," said Chris Hammock, Director of Transportation for Graceland Portable Buildings.
Share “Samsara has spent the last 10 years deeply embedded in the world's most complex physical operations, giving us unprecedented visibility into what’s happening on the ground,” said Johan Land, Chief Product Officer at Samsara. “In 2025 alone, we captured 25 trillion data points across the Samsara Network across vehicles, equipment, worksites, and operations. Now, customers can act on this insight by leveraging Samsara’s platform to fully automate workflows without extensive IT expertise.”
The Agent Studio serves as the control center where customers can set up and manage these AI-powered workflows. Tasks like managing paperwork, communicating with drivers, and working with vendors can now be automated with agents in minutes, freeing staff from hours of manual work each week. Customers and partners can build custom agents from scratch or leverage more than 15 pre-built templates across safety and maintenance, all without IT or developer experience. Within the studio, builders can also toggle capabilities on or off, set permissions, monitor usage, and configure settings.
Customers across industries are already developing agents in Agent Studio to automate workflows that have traditionally required dedicated staff or significant manual effort, including:
Driver assistance. A driver wingman deployed at a major food distributor answers parking, weigh-station, policy, and escalation questions based on dynamic location and company data, saving 30 minutes in communication time per call. Daily maintenance digest. A daily fleet briefing tool used at a food bank gives ops teams a quick read on fleet status and vehicle inspection report compliance, saving hours of manual work each week tracking resources. Driver and vehicle identification. An assignment workflow at a field services company automatically identifies when a moving vehicle has an unknown driver and links trucks to staff, reconciling insurance risks and saving the dispatch team radio time. “We were spending more than six figures a year on reporting and data compilation — work that's now fully automated," said Derek Champagne, VP of Corporate Security, Asset Management & Housing at Grand Isle Shipyard. "Automation allowed us to reallocate both resources and talent toward higher-value initiatives. The real benefit isn't just efficiency; it's the ability to focus our people on solving bigger problems, driving innovation, and creating value that simply wasn't possible before.”
Within Agent Studio, teams can integrate a company’s policies and documents as a knowledge base, preview behaviors before deployment, and track outcomes through a performance dashboard. The result is a toolset that fits a specific operation rather than a generic workflow.
"Agent Studio gives us the ability to look at our own daily processes and build to fix the gaps," said Chris Hammock, Director of Transportation for Graceland Portable Buildings. "We can make small changes ourselves, which may save us hours, instead of entering the IT project queue. Further, agents will help take repetitive follow-up work off our team, speed up how we get status updates, and help us spend more time moving the business forward instead of chasing information."
Watch the demo of Samsara’s Agent Studio. Learn more about Samsara’s latest innovations in physical operations, including:
The new Tracking Label for supply chain visibility. The new AI camera capabilities for fleets and equipment operators. See the full set of announcements on the Samsara blog. Follow Beyond 2026 news and developments on Samsara's LinkedIn and X pages, or by using the #SamsaraBeyond hashtag.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world's most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world's leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company's mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names, or trademarks belong to their respective holders.
Powered by the Samsara Network, disposable smart label delivers continuous visibility into any shipment, across any carrier
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today introduced the Samsara Tracking Label: a smart, single-use Bluetooth label that delivers near-real-time shipment visibility, powered by the Samsara Network. The Tracking Label can be managed within Samsara’s new Shipment Center and Shipment App, which seamlessly plug into an organization's existing infrastructure, regardless of shipping carrier.
"Providing a persistent, wide-area network for Bluetooth assets could dramatically shift this landscape, enabling scale where infrastructure has previously been the bottleneck," said Zoe Roth, Senior Research Analyst, 451 Research from S&P Global.
Share Cargo theft costs U.S. businesses roughly $35 billion annually — up 60% year over year — and the problem is compounded by a fundamental lack of visibility. Current solutions, such as RFID and cellular connectivity, struggle with cost and coverage problems that Bluetooth and the Samsara Network solve.
"Our customers have been using asset tags to track critical shipments, and that works, but it's not purpose-built for cargo. What they've been asking for is a label they can slap on a box and walk away. That's exactly what the Tracking Label is,” said David Gal, VP of Connected Equipment at Samsara. “Unlike traditional barcode scanning that simply says 'departed facility,' the Samsara Network tells you exactly where that shipment is, hundreds of miles down the road. With AI-powered exceptions in the Shipment Center, a shipping manager can instantly see which shipments need attention, get ahead of delays, weather events, and proactively resolve issues before they reach the customer."
The low-cost connectivity powering the Tracking Label
The Tracking Label is an adhesive-backed, flexible, paper-thin label with a 45-day battery life after activation, that contains no lithium or hazardous materials, making it cleared for air, ground, and rail shipments and suitable for disposal without special handling. The Bluetooth label is interoperable with the Samsara Network, which leverages millions of Samsara-connected devices, including trucks, trailers, buses, construction equipment, warehouse scanners, and phones across 99% of major U.S. roads and tens of thousands of worksites. The network continuously 'listens' for Tracking Labels, enabling a single label to be detected in near real time, without requiring carrier involvement.
“Our data shows that organizations rely heavily on GPS and cellular technologies—adopted by over half the market—to track non-powered assets, often absorbing higher hardware costs to guarantee visibility,” said Zoe Roth, Senior Research Analyst, 451 Research from S&P Global. “Meanwhile, lower-cost alternatives like RFID and BLE currently sit at around 39% adoption, historically constrained by fragmented infrastructure, according to our 451 Research Supply Chain Digital Transformation Survey 2026. Providing a persistent, wide-area network for Bluetooth assets could dramatically shift this landscape, enabling scale where infrastructure has previously been the bottleneck.”
Real-time supply chain visibility through the Samsara Shipment Center
Leveraging the new Shipment Center, supply chain teams can view mission-critical and high-value goods — from a single box to a shipment of pallets to a reel of copper wire — that have a Tracking Label on the dashboard and click into any shipment for deeper insight. Through the Shipment Center, operations teams can:
Deter cargo theft and speed up resolution. Near real-time Bluetooth location data makes it significantly harder for bad actors to divert or steal cargo undetected, and gives operations teams evidence to involve authorities quickly when something goes wrong. Get ahead of shipping delays and exceptions. Stay ahead of late or missed deliveries by posing the question in the Shipment Center, “Which packages are at risk of being late due to the storm in Texas?” By leveraging AI to surface shipments that need attention, ops teams can focus on exceptions such as late delivery rather than monitoring every shipment manually. Coverage extends to cross-border shipments. Freight has historically gone dark the moment it crosses a border. These capabilities enable operations teams to keep jobs running on schedule, recover lost shipments in near real time, and deliver a better overall customer experience. Improve customer experiences with quicker dispute resolution. Automated delivery notifications and geofence-based delivery notifications provide clear proof of arrival, helping prevent and resolve shipping disputes with full location transparency across the shipment's journey. Make better supply-chain decisions with AI. Through the Shipment Center, ops teams can surface insights into warehouse performance, carrier on-time performance, declined delivery analytics, and more. This information allows them to analyze performance and costs to identify efficiencies. 3PL provider DCL Logistics, one of Tracking Label’s early adopters, is now managing the fulfillment and carrier handoff of high-value cargo for some of the world’s leading brands across consumer electronics, CPG, enterprise hardware, and GPUs.
“In LTL and truckload shipping, you typically only hear about your shipment twice — when it’s picked up and when it’s delivered," said Dave Tu, President, DCL Logistics. “Samsara’s Tracking Label changes that. It gives us a level of visibility that just didn’t exist before, and when you’re moving high-value cargo, that’s a big deal. It’s like watching your Uber driver on the way to pick you up — you can see every move, every turn, right up until it pulls up to the door.”
Plug into any existing workflow with the new Samsara Shipment App
The new Samsara Shipment App allows teams to activate the Tracking Label with a single tap, no hardware or manual entry required. Scan any barcode — a Bill of Lading, carrier tracking number, or warehouse license plate number — and the app automatically links it to the existing shipment ID.
Through the App, high-volume operations can print and pre-populate labels in bulk. Teams can also connect directly to an existing TMS or ERP to write shipment data at print time. No rip-and-replace of existing systems required.
All of these capabilities combined enable operations teams to keep jobs running on schedule, recover lost shipments in near real-time, and deliver a better overall customer experience.
Learn more about Samsara’s latest innovations in physical operations, including:
The new AI camera capabilities for fleets and equipment operators. The new Agent Studio and agentic AI capabilities. The full set of Beyond 2026 announcements on the Samsara blog. Follow Beyond 2026 news and developments on Samsara's LinkedIn and X pages, or by using the #SamsaraBeyond hashtag.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company’s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names, or trademarks belong to their respective holders.
First-to-market camera coverage for powered equipment closes the blind spots that cause costly incidents on the ramp, the warehouse floor, and the road
SAN FRANCISCO--(BUSINESS WIRE)--Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer of the Connected Operations® Platform, today introduced the Samsara 360 Camera, new AI Multicam capabilities, and two-way voice capabilities through the dash cam for road fleets—expanding real-time visibility for fleets and field teams.
“Safety on the ramp has always been our top priority, and Samsara has been a true partner in helping us raise the bar,” said Mehdi Jnah, Director of Ground Support Equipment, Alaska Airlines.
Share Operated equipment operations and field teams have long dealt with limited visibility. A forklift in a warehouse, a baggage tug on the ramp, an excavator on a job site: these machines move in high-density, high-consequence environments where blind spots are unavoidable, and incidents are costly. At the same time, road fleets face their own persistent challenge: the moments of highest risk, reversing, lane changes, and tight maneuvering, are often the hardest for drivers to see through. Samsara’s new hardware and AI capabilities are designed to close both gaps.
“By combining the power to see everything with the automation to act on it, we are shifting into the next gear on safety,” said Johan Land, Chief Product Officer at Samsara. “The 360 Camera brings first-to-market visibility to operated equipment, AI Multicam gives road fleet drivers sharper awareness of what surrounds them, and two-way voice means the AI can respond the moment a question arises. Millions of frontline workers show up every day to keep our world running, and we are fully committed to helping get every one of them home safely.”
The First 360-Degree Camera Built for Operated Equipment
Construction sites, warehouses, mines, and airports are among the most demanding environments in physical operations. Frontline workers on these job-sites are required to use heavy, risky equipment such as excavators, forklifts, baggage tugs, and pushbacks with open cabs — yet until now, none of them had a camera system built for the job. Without proper views of their surroundings and access to footage from on the ground, incident investigations stalled, liability was disputed, and the same unsafe behaviors were repeated.
Samsara’s 360 Camera changes that: a single-module camera capturing a full 360-degree view from one mount point and an interactive pan and zoom. Now, equipment operators can see potential risks in real-time and safety managers can examine any angle of a recorded event in detail. Built to withstand harsh weather and rough operating conditions, it gives teams the evidence they need to move from incident report to root cause in minutes rather than days.
“Safety on the ramp has always been our top priority, and Samsara has been a true partner in helping us raise the bar,” said Mehdi Jnah, Director of Ground Support Equipment, Alaska Airlines. “Their AI dash cams gave us something we never had before — real-time alerts and video footage to protect our crews. With the 360 Camera, we extend safety to every type of ground service equipment on the ramp. Baggage tractors, tugs, pushbacks — each with its own unique demands and operating procedures. Now, not only can we see it all, we have real-time access to the evidence we need to move from incident report to root cause in minutes. We believe this kind of innovation has the potential to transform ramp safety across the entire industry.”
New AI Multicam Capabilities Give Road Fleets a Sharper View
Reversing, changing lanes, and navigating tight spaces are the moments of highest contact risk for road fleets — and the moments where drivers have the least information about what surrounds them. Samsara is expanding its AI Multicam system with new capabilities designed to close that gap:
Bird’s Eye View. Drivers can now configure a top-down, 360-degree composite view of their immediate surroundings using AI Multicam, giving them a clear picture during maneuvers that carry the highest contact risk — maneuvering crowded yards, navigating narrow spaces, and making tight turns where large vehicles have the widest blind spots. This is especially valuable for vehicles like school buses, garbage trucks, yellow iron, and box trucks. Rear Collision Warning and Vehicle in Blind Spot Detection. Building on AI Multicam’s existing in-cab visibility, Rear Collision Warning and Vehicle in Blind Spot Detection deliver dynamic audio and visual alerts when reversing or changing lanes — running at the edge, on the device, so warnings reach drivers in the moment rather than after it. Two-Way AI Conversations Put Safety Response Directly in the Cab
The dash cam is no longer a one-way device. With two-way voice, Samsara AI and managers can converse with drivers in the moment. When a driver crosses into a geofenced area, AI engages the driver through the dash cam, flagging critical road information such as a lower speed limit, a parking restriction, or a known towing risk, all without a dispatcher placing a call. And when a person needs to step in, managers can initiate a call through the same channel — a direct line that doesn't depend on a phone, a charged battery, or a cell signal. The same goes for drivers, who can send their manager a message through the dash cam to alert them to conditions such as severe weather or driving delays.
“We tried contacting a driver in his truck via phone, but were unable to reach him. I then used the dash camera to contact him and connected successfully. The driver mentioned that his phone lost battery. It’s this kind of technology that helps ensure our drivers stay safe,” said Otis Anderson, Safety Compliance Analyst, Jordan Carriers.
Watch the demo of the AI camera suite. Learn more about Samsara’s latest innovations in physical operations, including:
The new Tracking Label for supply chain visibility. The new Agent Studio and agentic AI capabilities. See the full set of announcements on the Samsara blog. Follow Beyond 2026 news and developments on Samsara's LinkedIn and X pages, or by using the #SamsaraBeyond hashtag.
About Samsara
Samsara (NYSE: IOT) is the pioneer of the Connected Operations® Platform, which is an open platform that connects the people, devices, and systems of some of the world’s most complex operations, allowing them to develop actionable insights and improve their operations. With tens of thousands of customers across North America and Europe, Samsara is a proud technology partner to the people who keep our global economy running, including the world’s leading organizations across industries in transportation, construction, wholesale and retail trade, field services, logistics, manufacturing, utilities and energy, government, healthcare and education, food and beverage, and others. The company’s mission is to increase the safety, efficiency, and sustainability of the operations that power the global economy.
Samsara is a registered trademark of Samsara Inc. All other brand names, product names, or trademarks belong to their respective holders.
, /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced today that its subsidiary, Western Midstream Operating, LP ("WES Operating"), has priced an offering of $700 million in aggregate principal amount of 5.7% senior notes due 2036 at a price to the public of 99.705% of their face value (the "Senior Notes"). The offering of the Senior Notes is expected to close on June 25, 2026, subject to the satisfaction of customary closing conditions. Net proceeds from the offering are expected to be used to repay borrowings outstanding under WES Operating's revolving credit facility and commercial paper program (including borrowings incurred by WES to fund the cash consideration for the acquisition of Brazos Delaware II, LLC), and for general partnership purposes, including the funding of capital expenditures.
TD Securities (USA) LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and MUFG Securities Americas Inc. are acting as joint book-running managers for the offering. The offering will be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended, copies of which may be obtained from TD Securities (USA) LLC, One Vanderbilt Avenue, 11th Floor, New York, New York 10017 or by phone at 1-855-495-9846; Barclays Capital Inc., c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 or by phone at 1-888-603-5847, Citigroup Global Markets Inc., c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 or by phone at 1-800-831-9146, and MUFG Securities Americas Inc., 1221 Avenue of the Americas, 6th Floor, New York, New York 10020 or by phone at 1-877-649-6848. An electronic copy of the prospectus and the related prospectus supplement is available from the U.S. Securities and Exchange Commission's website at www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The offer is being made only through the prospectus as supplemented, which is part of a shelf registration statement that became effective on June 22, 2026.
ABOUT WESTERN MIDSTREAM
WES is a master limited partnership formed to develop, acquire, own, and operate midstream assets. With midstream assets located in Texas, New Mexico, Colorado, Utah, and Wyoming, WES is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural-gas liquids, and crude oil; and gathering, transporting, recycling, treating, supplying and disposing of produced water for its customers. In its capacity as a natural-gas processor, WES also buys and sells residue, natural-gas liquids, and condensate on behalf of itself and its customers under certain gas processing contracts. A substantial majority of WES's cash flows are protected from direct exposure to commodity price volatility through fee-based contracts.
This news release contains forward-looking statements. WES, WES Operating, and their general partners believe that their expectations are based on reasonable assumptions. No assurance, however, can be given that such expectations will prove to have been correct. A number of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this news release, including WES Operating's ability to close successfully on the Senior Notes offering and to use the net proceeds as described herein. See "Risk Factors" in WES's and WES Operating's Annual Reports on Form 10-K for the year ended December 31, 2025, Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and other public filings and press releases. Except as required by law, neither WES nor WES Operating undertakes the obligation to publicly update or revise any forward-looking statements.
WESTERN MIDSTREAM CONTACTS
Daniel Jenkins
Director, Investor Relations
[email protected]
866.512.3523
, /PRNewswire/ -- Western Midstream Partners, LP (NYSE: WES) ("WES" or the "Partnership") announced today that its subsidiary, Western Midstream Operating, LP ("WES Operating"), has priced an offering of $700 million in aggregate principal amount of 5.7% senior notes due 2036 at a price to the public of 99.705% of their face value (the "Senior Notes"). The offering of the Senior Notes is expected to close on June 25, 2026, subject to the satisfaction of customary closing conditions. Net proceeds from the offering are expected to be used to repay borrowings outstanding under WES Operating's revolving credit facility and commercial paper program (including borrowings incurred by WES to fund the cash consideration for the acquisition of Brazos Delaware II, LLC), and for general partnership purposes, including the funding of capital expenditures.
TD Securities (USA) LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and MUFG Securities Americas Inc. are acting as joint book-running managers for the offering. The offering will be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended, copies of which may be obtained from TD Securities (USA) LLC, One Vanderbilt Avenue, 11th Floor, New York, New York 10017 or by phone at 1-855-495-9846; Barclays Capital Inc., c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 or by phone at 1-888-603-5847, Citigroup Global Markets Inc., c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 or by phone at 1-800-831-9146, and MUFG Securities Americas Inc., 1221 Avenue of the Americas, 6th Floor, New York, New York 10020 or by phone at 1-877-649-6848. An electronic copy of the prospectus and the related prospectus supplement is available from the U.S. Securities and Exchange Commission's website at www.sec.gov.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. The offer is being made only through the prospectus as supplemented, which is part of a shelf registration statement that became effective on June 22, 2026.
ABOUT WESTERN MIDSTREAM
WES is a master limited partnership formed to develop, acquire, own, and operate midstream assets. With midstream assets located in Texas, New Mexico, Colorado, Utah, and Wyoming, WES is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural-gas liquids, and crude oil; and gathering, transporting, recycling, treating, supplying and disposing of produced water for its customers. In its capacity as a natural-gas processor, WES also buys and sells residue, natural-gas liquids, and condensate on behalf of itself and its customers under certain gas processing contracts. A substantial majority of WES's cash flows are protected from direct exposure to commodity price volatility through fee-based contracts.
This news release contains forward-looking statements. WES, WES Operating, and their general partners believe that their expectations are based on reasonable assumptions. No assurance, however, can be given that such expectations will prove to have been correct. A number of factors could cause actual results to differ materially from the projections, anticipated results or other expectations expressed in this news release, including WES Operating's ability to close successfully on the Senior Notes offering and to use the net proceeds as described herein. See "Risk Factors" in WES's and WES Operating's Annual Reports on Form 10-K for the year ended December 31, 2025, Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and other public filings and press releases. Except as required by law, neither WES nor WES Operating undertakes the obligation to publicly update or revise any forward-looking statements.
WESTERN MIDSTREAM CONTACTS
Daniel Jenkins
Director, Investor Relations [email protected]
866.512.3523
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Companies will explore how frontier AI can help organizations identify, prioritize and reduce cyber risk faster in the AI era June 22, 2026 13:08 ET | Source: Tenable Holdings, Inc.
COLUMBIA, Md., June 22, 2026 (GLOBE NEWSWIRE) -- Tenable® Holdings, Inc. (NASDAQ: TENB), the exposure management company, today announced it is working with OpenAI as part of the OpenAI Daybreak Cyber Partner Program. The collaboration brings together OpenAI's frontier AI capabilities, including GPT-5.5, and Tenable's leadership in exposure management to help organizations better understand cyber risk, prioritize action and stay ahead of attackers through Tenable product and service workflows.
The announcement comes as AI is reshaping the threat landscape. Attackers are already using AI to accelerate reconnaissance, automate vulnerability discovery and compress the window between exposure and exploitation. Security teams face a growing asymmetry: the volume and complexity of potential exposures is expanding faster than any team can manually assess, while the time available to act continues to shrink.
The Tenable One Exposure Management Platform was built for exactly this challenge. Rather than generating more findings, Tenable One helps organizations understand which exposures actually matter. Powered by the Tenable Exposure Data Fabric, the platform connects exposure intelligence from across the modern attack surface and applies the context needed to distinguish what is merely vulnerable from what is truly risky. Combined with frontier AI capabilities, this rich foundation helps organizations move from analysis to action faster, enabling security teams to focus on the exposures most likely to impact the business before attackers can capitalize on them.
The collaboration is expected to focus on several areas, including:
Advancing cybersecurity research and exposure intelligenceAccelerating the identification and prioritization of exploitable exposures and attack pathsImproving how security teams prioritize, validate and respond to the exposures that matter mostStreamlining security operations and accelerating risk reduction “The AI era requires a fundamentally new approach to cybersecurity,” said Eric Doerr, Chief Product Officer, Tenable. “Attackers are moving faster and operating at a scale that makes purely reactive security untenable. As part of OpenAI’s Trusted Access for Cyber program, Tenable is evaluating how GPT-5.5 can help accelerate defensive workflows through secure product integrations, enabling customers to stay ahead of attackers and move faster with confidence. This is what proactive security looks like in practice.”
The announcement underscores Tenable's continued investment in AI-powered exposure management and its commitment to helping customers proactively reduce cyber risk in an increasingly complex threat landscape.
More information about Tenable One, the leading AI-powered exposure management platform, is available at: https://www.tenable.com/products/tenable-one
About Tenable
Tenable® is the exposure management company, exposing and closing the cybersecurity gaps that erode business value, reputation and trust. The company’s AI-powered exposure management platform radically unifies security visibility, insight and action across the attack surface, equipping modern organizations to protect against attacks from IT infrastructure to cloud environments to critical infrastructure and everywhere in between. By protecting enterprises from security exposure, Tenable reduces business risk for over 40,000 customers around the globe. Learn more at tenable.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the expected capabilities, benefits, and performance of the partnership with OpenAI under the Daybreak cybersecurity initiative and the Tenable One Exposure Management Platform, the expected impact of the partnership and Tenable’s solutions on risk prioritization, remediation, and security posture, and the anticipated use and effectiveness of frontier AI in cybersecurity workflows. These statements are subject to risks and uncertainties that could cause actual results to differ materially, including risks related to the development, adoption, and performance of new and unproven technologies (including agentic AI, large language models, and automated remediation workflows), the potential that such technologies may not deliver their anticipated benefits or accurately prioritize risk, and other factors described under "Risk Factors" in Tenable's most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. Tenable undertakes no obligation to update these statements to reflect events occurring after the date hereof.
AI Adoption in the Social Impact Sector Is Booming, but Effectiveness Is Not; New Report Investigates Why and What Organizations Should Do Next
, /PRNewswire/ -- The Blackbaud Institute, a research lab at Blackbaud (NASDAQ: BLKB), the world's leading provider of AI‑powered solutions for social impact, today released new research that delivers a clear framework for intentional AI adoption to support the social impact sector's ability to maintain financial resilience, grow donor confidence, and continue responding to pressing societal needs despite constrained resources.
The report, Bridging the AI Effectiveness Gap: New Research on What Drives AI Impact and Trust in the Social Sector, draws on surveys from thousands of social impact professionals and donors to identify what separates organizations that are seeing real results from AI from those that are not.
While 85% of social impact professionals report using AI at work, only about 33% believe their organization is using it very effectively. The research reveals a clear divide between a small group of "AI‑Adaptive" organizations—the 10% of organizations at the top of the AI maturity scale that have moved beyond experimentation to systemic, governed AI use—and the majority of organizations that are still applying AI in fragmented, individual ways. The AI‑Adaptive organizations are realizing significant dividends on their AI investment, consistently reporting stronger outcomes tied to long‑term sector health, including revenue growth, donor retention and staff productivity.
This research comes at a critical time for the social impact sector with traditional fundraising models under increasing strain due to staffing shortages, high turnover and limited resources, all of which directly impact organizations' ability to sustain revenue growth.
"AI presents a transformative opportunity to fundamentally reshape social impact," said Carrie Cobb, chief data and AI officer, Blackbaud. "But this research makes it clear that adoption alone is not enough. To achieve meaningful outcomes, organizations must be intentional about grounding their AI approach in strong data, clear governance and transparency. It's about more than time and cost savings. It's about leveraging AI to position the sector for a future of sustainable growth."
Key Findings
There are four key gaps that organizations should address to improve AI maturity: The effectiveness gap: Despite widespread use, only about 33% of professionals say AI is delivering strong organizational results, signaling a disconnect between individual experimentation and organization‑wide impact. The infrastructure gap: Adoption often outpaces readiness, with only 50% of organizations using paid or enterprise AI tools and nearly 25% relying exclusively on free versions, limiting scalability and increasing risk. The data‑readiness gap: Fewer than 20% of respondents rate their organization's data health as excellent, even though data quality is foundational to effective and responsible AI use. The transparency gap: 71% of donors are either more comfortable or equally comfortable with the social sector using AI than for-profit companies, but transparency is key—76% of donors say it's important to understand when and how AI is used, but only 26% of organizations say they disclose this information today. Time savings exist everywhere, but impact does not: The average organization saves $500/employee/week using AI. AI-Adaptive organizations save $621/employee/week using AI and, more importantly, are reinvesting that time savings into areas that increase revenue and mission delivery, like using AI to help identify and reach new donors, better engage existing donors, reduce costs, and raise more money. There's a clear AI maturity dividend: Organizations that address the four key gaps to move beyond ad hoc AI use and apply AI intentionally across the organization see compounded value. That return comes not just from time savings, but from using AI to increase revenue, strengthen mission delivery and reduce risk. The AI Imperative for Fundraising
For fundraising teams, AI offers a path to more efficient operations, more personalized outreach and greater scale, but only if organizations evolve how they use technology and do so with trust as the foundation.
"The AI opportunity is unlike any other in the history of fundraising, but realizing it requires more than new tools," said Sudip Datta, chief product officer, Blackbaud. "The opportunity isn't just in using AI—it's in using it in ways that build trust, unlock the power of data, and drive smarter action. The future health of the social impact sector depends on organizations rethinking their technology and operating models to move up the AI maturity scale, so that AI helps reduce friction, strengthen relationships and unleash resources at the speed of need."
To support the sector in this journey, Blackbaud has convened the AI Coalition for Social Impact, a collaboration of leading organizations and experts committed to removing barriers to responsible AI adoption across the social impact sector and unlocking the power of AI for good. The first initiative of the Coalition is a free certification program for social impact professionals launching this summer.
Read the Report
To explore the full findings and learn what distinguishes AI‑Adaptive organizations from the rest of the sector, read the Bridging the AI Effectiveness Gap report here.
About the Blackbaud Institute
The Blackbaud Institute is a research lab and educational resource powered by the Blackbaud Philanthropic Dataset, the world's largest combined dataset on giving, volunteering, grantmaking, and social impact. The Institute conducts independent research and publishes insights that help organizations understand trends shaping the social impact sector and make more informed decisions. Learn more at institute.blackbaud.com.
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world's leading provider of AI-powered solutions for social impact. Serving nonprofits, educational institutions, companies committed to corporate social responsibility, and individual change makers, Blackbaud propels impact at scale with the sector's most intelligent solutions for fundraising and engagement, education solutions, financial management and CSR and grantmaking. With the deepest expertise powered by the world's largest philanthropic data set, the most connected workflows, and the most powerful impact network, Blackbaud's solutions are building a future where resources are unleashed at the speed of need. Blackbaud has been recognized by Fast Company, Newsweek, Quartz, Forbes and more for AI innovation, responsible leadership and workplace excellence. Blackbaud has operations in the United States, Australia, Canada, Costa Rica, India and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on X/Twitter, LinkedIn, Instagram and Facebook.
Media Inquiries
[email protected]
Forward-looking Statements
Except for historical information, all of the statements, expectations and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.
CarMax NYSE: KMX entered a market reversal earlier this year asc it transitioned to a new CEO and activist investors took positions. The story now is that Keith Barr’s four-pillar strategy to increase volume, improve digital sales, add value on each transaction, and drive efficiency is gaining traction.
The question is whether CarMax can preserve its cost savings and return to profitable growth in the coming quarters, and the early signs are encouraging. In this environment, CarMax remains in the middle of an evolving catalyst, with the stronger signal—sustained operational improvement—still to come.
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CarMax Outperforms in Q1, First Report With New CeoCarMax Today
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52-Week Range$30.26▼
$71.99P/E Ratio34.26
Price Target$47.73
CarMax faced headwinds in Q1 fiscal year 2027 (FY2027), including uneven consumer demand and affordability pressure, but performed well, with unit volume increasing by 3.3% across the system.
Revenue grew by 6% to just over $8 billion, outperforming expectations by more than 780 basis points. Segmentally, wholesalers did the heavy lifting, with units up 8% compared to a basically flat retail side.
Lower relative pricing aided the strength and is reflected in the margin. The company managed to reduce selling, general, and administrative (SG&A) expenses and improve efficiency on a per-unit basis, but gross margin impairment offset these gains. The takeaway is that gross profit declined by nearly 5%, net margin contracted by approximately 50 basis points despite an improvement in SG&A, and GAAP earnings declined.
The offset is that earnings per share (EPS) of $1.31 outpaced consensus by a wide 34-cent margin, providing sufficient cash flow to sustain operations and maintain balance sheet quality. CarMax's balance sheet carries debt, but it did not provide any red flags for investors.
The company does not provide specific guidance on operational metrics, but it did offer color on what to expect this year. As it stands, the focus is on improving sales and customer satisfaction, which will put pressure on margins. That trade-off is important for investors to watch. Lower asking prices can help rebuild unit volume, while continued investment in digital services may weigh on profitability until those efficiencies scale.
Among the critical Q1 takeaways, however, are the 84% of retail unit sales supported by digital capabilities and 14% online retail sales, with digital channels central to reducing time-to-close, improving customer outcomes, and supporting longer-term operating efficiency.
Current Price$52.60High Forecast$66.00Average Forecast$47.73Low Forecast$35.00CarMax Stock Forecast Details
Analyst sentiment is central to CarMax’s 2025 stock price decline and 2026 rebound.
After price target cuts and weaker coverage weighed on KMX in 2025, the tone in 2026 has shifted toward cautious optimism as investors evaluate the CEO transition and early signs of operational improvement.
Analyst activity since February 2026 has included initiations, reaffirmed targets, and, more recently, price target increases that have helped stabilize the consensus estimate.
The consensus price target is around $42, below the current share price but aligning with the technical price floor put in place last year, and is likely to advance amid operational improvements and strengthen the expected catalyst.
Institutional trends look more bullish despite mixed activity over the trailing 12-month period. Selling outweighed buying in parts of 2025, but activity in the first half of 2026 suggests renewed accumulation. More importantly, the periods of accumulation and distribution align with CarMax’s price action, revealing group buying on dips and market support at the lower end of its trading range.
The likely outcome is that KMX's downside is limited, and institutional support will strengthen and advance in subsequent quarters.
CarMax Catalysts: There Is More Than One Coming Down the PipeCarMax has several catalysts coming down the pike, centered on its upcoming earnings reports. The reports are expected to show improvements, including cash flow and future profitability. Among the catalysts is the capacity for capital return, which centers on share buybacks.
CarMax paused share repurchases in the latest quarter, but prior buybacks have still reduced the company’s share count over the past year. A resumption of repurchases could become a bullish catalyst if earnings stabilize. Management is also expected to provide more details on its turnaround strategy later this year.
Chart price action is not bullish following the release. The market for KMX stock is down more than 5% and may continue to decline in the near term. The caveat is that this market appears in the midst of a Double-Bottom Reversal, and the mid-June pullback is testing critical support.
Assuming support holds, KMX shares could advance this summer, potentially reaching $70 by early Fall. If not, a move to retest recent lows near $37.50 is probable—lower lows are not expected to come this year.
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PulteGroup (PHM - Free Report) ended the recent trading session at $125.62, demonstrating a -1.06% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.37%. Meanwhile, the Dow experienced a rise of 0.29%, and the technology-dominated Nasdaq saw a decrease of 1.33%.
Coming into today, shares of the homebuilder had gained 9.04% in the past month. In that same time, the Construction sector gained 10.2%, while the S&P 500 gained 2.02%.
The upcoming earnings release of PulteGroup will be of great interest to investors. The company's earnings report is expected on July 22, 2026. The company is expected to report EPS of $2.43, down 19.8% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $4.03 billion, showing a 8.53% drop compared to the year-ago quarter.
PHM's full-year Zacks Consensus Estimates are calling for earnings of $10 per share and revenue of $16.4 billion. These results would represent year-over-year changes of -12.59% and -5.29%, respectively.
It is also important to note the recent changes to analyst estimates for PulteGroup. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, PulteGroup possesses a Zacks Rank of #3 (Hold).
Looking at its valuation, PulteGroup is holding a Forward P/E ratio of 12.7. This valuation marks a discount compared to its industry average Forward P/E of 15.14.
It is also worth noting that PHM currently has a PEG ratio of 1.61. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Building Products - Home Builders stocks are, on average, holding a PEG ratio of 1.96 based on yesterday's closing prices.
The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 216, finds itself in the bottom 12% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
New findings suggest today's move-up buyers are redefining what it means to upgrade, balancing functionality, lifestyle fit and thoughtful design and the right amount of space for their needs.
ATLANTA--(BUSINESS WIRE)--For today's move-up homebuyers, the dream of a new home doesn't necessarily mean more space. It means better space.
According to a new national survey conducted by PulteGroup among 1,325 U.S. homeowners who recently purchased their next home, a majority (51%) bought a home the same size or smaller than their previous one. Yet regardless of whether they purchased a larger, similarly sized or smaller home, 78% said their new home met or exceeded expectations. The findings suggest today’s move-up buyers are increasingly prioritizing functionality, design and lifestyle alongside square footage when evaluating their next home.
Life-stage changes are also influencing purchasing decisions. Respondents cited a major life change, such as a growing family or aging parents (25%), as the top reason for purchasing a new home, followed by feeling that the timing was right to move (24%) and needing more space (22%).
While younger buyers were more likely to purchase larger homes, older buyers increasingly opted for homes that better matched their lifestyle needs, underscoring how life stage is shaping today’s definition of a move-up home.
Once the decision was made, many buyers moved quickly, with more than half (56%) saying they considered moving for less than a year before purchasing their next home.
More than half (51%) said the kitchen became the most valuable space after moving, ranking ahead of the living or family room (38%), garage (26%) and flex space (24%). When shopping for their next home, 37% of buyers said a modern or upgraded kitchen was a must-have feature, second only to location (55%).
The finding aligns with trends identified in PulteGroup's most recent Design Trends Forecast, which found homeowners increasingly gravitating toward oversized kitchen islands, integrated dining areas and open gathering spaces that bring people together. Flexible rooms, outdoor living spaces and layouts that support evolving family needs also continue gaining traction among today's buyers.
“For years, moving up was often associated primarily with buying more square footage,” said Angela Nuessle, national vice president of interior design at PulteGroup. "What we’re seeing today is that buyers are becoming more intentional about how they evaluate value in a home. They’re placing greater value on homes that support the way they live, whether that’s putting more emphasis on a well-designed kitchen, an increased desire for flexible spaces that meet the needs of evolving families or outdoor areas that extend everyday living."
These priorities appear to be paying off. Nearly half (47%) of respondents said their overall comfort and enjoyment of life improved after moving, while 26% said their ability to host and entertain improved. At a time when many homeowners are being thoughtful and carefully evaluating their next move, the findings of this latest survey suggest buyers are looking for the right combination of space, design and functionality to support their lifestyles and evolving needs.
PulteGroup conducted the online survey in May 2026 among 1,325 U.S. homeowners who recently purchased their next home.
About PulteGroup
PulteGroup, Inc. (NYSE: PHM), based in Atlanta, Georgia, is one of America’s largest homebuilding companies with operations in more than 45 markets throughout the country. Through its brand portfolio that includes Centex, Pulte Homes, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods, the company is one of the industry’s most versatile homebuilders able to meet the needs of multiple buyer groups and respond to changing consumer demand. PulteGroup’s purpose is building incredible places where people can live their dreams.
For more information about PulteGroup, Inc. and PulteGroup brands, go to pultegroup.com; pulte.com; centex.com; delwebb.com; divosta.com; and jwhomes.com. Follow PulteGroup, Inc. on X: @PulteGroupNews.
PulteGroup (PHM - Free Report) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Over the past month, shares of this homebuilder have returned +7.4%, compared to the Zacks S&P 500 composite's -1.3% change. During this period, the Zacks Building Products - Home Builders industry, which PulteGroup falls in, has gained 7%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings EstimatesRather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
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.
PulteGroup is expected to post earnings of $2.38 per share for the current quarter, representing a year-over-year change of -21.5%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.8%.
The consensus earnings estimate of $9.95 for the current fiscal year indicates a year-over-year change of -13%. This estimate has changed -0.2% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $10.97 indicates a change of +10.2% from what PulteGroup is expected to report a year ago. Over the past month, the estimate has changed -1.1%.
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, PulteGroup is rated Zacks Rank #4 (Sell).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth ForecastEven 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.
For PulteGroup, the consensus sales estimate for the current quarter of $4.06 billion indicates a year-over-year change of -7.8%. For the current and next fiscal years, $16.38 billion and $16.82 billion estimates indicate -5.4% and +2.7% changes, respectively.
Last Reported Results and Surprise HistoryPulteGroup reported revenues of $3.41 billion in the last reported quarter, representing a year-over-year change of -12.4%. EPS of $1.79 for the same period compares with $2.57 a year ago.
Compared to the Zacks Consensus Estimate of $3.38 billion, the reported revenues represent a surprise of +0.7%. The EPS surprise was -0.56%.
Over the last four quarters, PulteGroup 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.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
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.
PulteGroup is graded B on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
ConclusionThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about PulteGroup. However, its Zacks Rank #4 does suggest that it may underperform the broader market in the near term.
On June 22, 2026, Quanta Services Inc PWR shares rose 5.4% to a current price of $740.14. This increase comes amidst a 52-week range of $358.38 to $788.75, reflecting a significant year-to-date gain of 75.4% and a remarkable one-year increase of 105.3%.
GF Value™ verdict: Current price is $740.14 vs GF Value™ of $398.44, indicating the stock is 85.8% overvalued.GF Score™ of 89/100 suggests the company is strong across multiple metrics, positioning it favorably for long-term returns.Most notable signal: Insiders sold $123.2 million worth of stock in the last three months, indicating potential caution among company leadership. Is PWR Overvalued or Undervalued? Quanta Services Inc's current share price of $740.14 is significantly above the GF Value™ estimate of $398.44, marking the stock as 85.8% overvalued. This valuation raises concerns regarding the margin of safety for potential investors, as the market price does not reflect a favorable risk-reward scenario. The GF Valuation label categorizes the stock as "Significantly Overvalued," suggesting that investors may be paying a premium that does not correspond to the company’s intrinsic value.
If Quanta Services were to return to its GF Value™, there would be a substantial downside risk for current shareholders. This discrepancy highlights the importance of assessing not only current price movements but also the underlying financial health and future growth potential of the company. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.
How Does PWR's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 101.5x 49.0x Forward P/E 52.9x N/A Quanta Services' current P/E ratio of 101.5x is significantly above its 5-year median of 49.0x, indicating that the stock is trading at a premium compared to its historical valuation. The forward P/E of 52.9x also supports the notion that the stock remains overvalued relative to its past trading multiples. This P/E analysis aligns with the GF Value™ verdict, reinforcing the conclusion that Quanta Services is currently overvalued.
What Does PWR's GF Score™ Tell Us? Metric Rating GF Score™ 89/100 Financial Strength 6/10 Profitability 9/10 Growth 10/10 Valuation 3/10 Momentum 9/10 The GF Score™ of 89/100 suggests that Quanta Services has strong fundamentals, particularly in Growth (10/10) and Profitability (9/10). However, the Valuation score of 3/10 indicates significant concerns regarding its current price level. The Financial Strength score of 6/10 reflects a moderate level of stability, while the Momentum score of 9/10 suggests positive price trends. Overall, while Quanta Services demonstrates strong growth and profitability metrics, its valuation remains a significant area of concern.
What Are Insiders Doing with PWR Stock? Recent insider activity reveals that Quanta Services executives sold $123.2 million worth of shares in the last three months, with no recorded purchases during this time. This pattern of selling suggests potential caution or lack of confidence among insiders about the company's current valuation or future prospects. Such selling activity can be a signal for external investors to proceed with caution, weighing the implications of insider sentiment on the stock's future performance.
What This Means for Investors Based on the GF Value™ assessment, Quanta Services Inc PWR appears to be significantly overvalued at its current price of $740.14, compared to the estimated fair value of $398.44. The elevated valuation, combined with recent insider selling, suggests potential risks for current shareholders and those considering investment in the company.
For the complete analysis, visit the Quanta Services Inc PWR stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is PWR's GF Score™?
PWR has a GF Score™ of 89/100, indicating strong fundamentals and potential for higher long-term returns based on historical performance.
Is PWR overvalued or undervalued?
PWR is considered overvalued, with a GF Value™ of $398.44 compared to the current price of $740.14, suggesting significant downside risk.
What is PWR's P/E ratio?
PWR's P/E ratio is 101.5x, which is significantly above its historical 5-year median of 49.0x, indicating that the stock is trading at a premium relative to its past valuations.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Key Takeaways Dycom posted 56.1% revenue growth and a record $11.9 billion backlog in fiscal Q1 2027.Quanta reported 26.3% revenue growth and a record $48.5 billion backlog in first-quarter 2026.Dycom is highlighted for faster growth, rising EPS estimates and a lower valuation than Quanta. The U.S. digital infrastructure landscape continues to benefit from rising demand for connectivity, fiber expansion, data center development and broader network modernization initiatives. As customers pursue larger and more complex infrastructure programs, the need for execution certainty, skilled labor, integrated solutions and long-term project delivery capabilities has become increasingly important. Within this backdrop, Dycom Industries, Inc. (DY - Free Report) and Quanta Services, Inc. (PWR - Free Report) have emerged as two well-positioned infrastructure companies, each benefiting from expanding project pipelines, deep customer relationships and growing opportunities tied to digital infrastructure investment, communications networks and mission-critical development.
While Dycom is focused on fiber infrastructure, network deployment and building systems that connect businesses, communities and data centers, Quanta leverages its integrated solutions model, craft workforce and supply-chain capabilities to support utility, communications and large-load infrastructure projects. Both companies continue to emphasize workforce development, disciplined execution, scalability and their ability to serve as strategic partners on multi-year capital programs, positioning them to capitalize on durable infrastructure spending trends and increasing demand across converging end markets.
Let's dive deep and closely compare the fundamentals of the two stocks to determine which one is a better investment now.
The Case for Dycom StockThis North America-based specialty contracting firm is benefiting from strong demand across fiber infrastructure, digital infrastructure and data center-related markets. In the first quarter of fiscal 2027, contract revenues increased 56.1% year over year as the company capitalized on expanding fiber-to-the-home deployments, long-haul and middle-mile fiber builds, and growing activity across its Building Systems segment. The company also reported record backlog levels, providing greater visibility into future work and reinforcing confidence in the durability of current demand trends.
In the first quarter of fiscal 2027, total backlog reached a record $11.9 billion, up 46.5% year over year and 25% sequentially. The company noted that awards continued to diversify across customers, geographies and demand drivers, while some customers extended contract durations to secure access to skilled labor. These longer-term commitments support workforce planning, investment decisions and the execution of multi-year infrastructure programs. Communications revenues grew 24.7% organically during the quarter, supported primarily by fiber-to-the-home activity as well as increasing long-haul and middle-mile opportunities.
However, sustaining this growth requires continued investment in workforce expansion, operational scaling and strategic acquisitions. The company is also dependent on the pace of customer deployments and project timing across large infrastructure programs, while portions of the long-haul fiber opportunity and BEAD-related activity are still in relatively early stages of development.
The company continues to broaden its digital infrastructure platform through Power Solutions and the planned acquisition of National Technology Integrators, creating a more comprehensive offering spanning electrical infrastructure, structured cabling and fiber connectivity. Combined with expanding data center activity, increasing cross-selling opportunities and the expected progression of BEAD-funded projects, Dycom appears well positioned to capitalize on growing infrastructure investment and evolving connectivity requirements across the United States.
The Case for Quanta StockThis infrastructure solutions provider is benefiting from rising investment across utility, power, communications and large-load infrastructure markets. The company’s diversified business model, integrated solutions approach and expanding role in mission-critical infrastructure projects continue to support strong demand. In the first quarter of 2026, revenues increased 26.3% year over year, while record backlog levels reflected growing customer commitments and increasing visibility into future capital programs.
Demand visibility remains one of Quanta’s biggest strengths. The company ended the first quarter with a record backlog of $48.5 billion, up from $35.3 billion a year ago, including a 12-month backlog of $28.2 billion, up 45.4%. The company emphasized that utilities, technology customers and large-load developers continue to pursue multi-year infrastructure investments, creating opportunities across transmission, generation, communications and data center-related projects. Investments in craft workforce development, fabrication capabilities and supply-chain solutions are further strengthening its ability to deliver execution certainty and support customers at scale.
However, some of the company’s largest opportunities remain tied to long-cycle infrastructure projects that can be influenced by permitting timelines, contract negotiations, interconnection processes and broader regulatory developments. Quanta also continues to invest heavily in manufacturing capacity, supply-chain initiatives and operational expansion to support future demand, which requires disciplined execution across a rapidly growing project portfolio.
The company continues to see strong momentum across transmission infrastructure, generation projects, data centers and technology-driven load growth. Expanding relationships with utilities and large customers, growing demand for integrated infrastructure solutions and increasing opportunities tied to electrification, grid modernization and digital infrastructure position Quanta to benefit from durable infrastructure spending trends over the coming years.
Stock Performance & ValuationBoth stocks have significantly outperformed the broader market in 2026. Quanta has surged 75.4% year to date, substantially outperforming Dycom’s still-impressive 38.5% gain. Both have also comfortably exceeded the Zacks Construction sector's 17.9% advance and the S&P 500's 8.9% rise.
Image Source: Zacks Investment Research
Valuation Reflects Different Growth ProfilesQuanta commands a notably higher valuation than Dycom, trading at 49.02X forward 12-month earnings compared with the latter's 26.97X. While both stocks trade above the Construction sector average of 22.01X, investors are assigning a substantial premium to Quanta's exposure to utility infrastructure, grid modernization, power generation and large-scale electrification projects.
Image Source: Zacks Investment Research
Meanwhile, Dycom trades at a more modest multiple despite benefiting from strong demand across fiber infrastructure, digital infrastructure and data center-related markets. As a result, investors must weigh whether Quanta's broader infrastructure platform and long-duration growth opportunities justify its premium valuation or whether Dycom offers a more attractive risk-reward profile at current levels.
Comparing EPS Estimate Trends of DY & PWRThe Zacks Consensus Estimate for Dycom’s fiscal 2027 earnings per share has increased to $16.01 in the past 30 days, as shown below. The revised estimates for fiscal 2027 imply year-over-year growth of 33.8%.
DY’s EPS Trend
Image Source: Zacks Investment Research
PWR’s earnings estimates for 2026 have decreased in the past 30 days to $13.96 per share. This indicates expected earnings growth of 29.9% year over year.
PWR’s EPS Trend
Image Source: Zacks Investment Research
Dycom vs. Quanta: Which Stock Looks Better Positioned?Both companies are benefiting from powerful long-term infrastructure trends and continue to execute at a high level. Quanta offers unmatched scale, a diversified infrastructure platform, record backlog levels and significant opportunities tied to electrification, grid modernization and large-load development. Its integrated solutions model and deep customer relationships provide substantial visibility into growth.
However, Dycom appears to offer the more compelling investment case today. The company is delivering faster revenue growth, stronger earnings momentum and accelerating demand across fiber infrastructure, digital infrastructure and data center-related markets. Record backlog levels, expanding Building Systems capabilities and growing opportunities tied to long-haul fiber and BEAD-funded projects further strengthen its growth outlook.
Importantly, Dycom's growth profile comes at a considerably lower valuation. While Quanta trades at a significant premium reflecting its broader infrastructure exposure, Dycom combines robust backlog growth, rising earnings expectations and multiple long-term growth drivers at a more attractive earnings multiple.
Both DY and PWR currently sport a Zacks Rank #1 (Strong Buy). However, for investors seeking the best combination of growth, earnings momentum and valuation, Dycom appears better positioned to deliver superior risk-adjusted returns at current levels. You can see the complete list of today’s Zacks #1 Rank stocks here.
SAN FRANCISCO, June 23, 2026 (GLOBE NEWSWIRE) -- Investors in Prestige Consumer Healthcare (NYSE: PBH) saw the price of their shares fall over 11% on May 14, 2026 after the company revealed significant revenue declines and production problems driving the company’s disappointing Q4 2026 financial results.
The surprise developments have prompted national shareholder rights firm Hagens Berman to open an investigation into whether, before May 14, Prestige was sufficiently transparent regarding its ability to remediate supply chain constraints and, if not, whether the company violated the federal securities laws.
The firm encourages Prestige investors who suffered substantial losses to submit your losses now.
Visit: www.hbsslaw.com/investor-fraud/pbh
Contact the Firm Now: [email protected]
844-916-0895
Prestige Consumer Healthcare Inc. (PBH) Investigation:
Prestige develops, manufactures, markets, sells, and distributes OTC health and personal care products to a wide range of customers. Clear Eyes®, a line of eye drops that provide cooling comfort and multi-symptom relief from redness, dryness, and itchiness is one of the company’s major brands.
The investigation is focused on the propriety of Prestige’s pre-May 14 disclosures concerning the performance of its recently acquired Pillar5 facility which the company touted as resolving persistent Clear Eyes® supply chain constraints and returning the brand to its leading market share position.
Investors’ expectations were dashed on May 13, 2026. That day, Prestige reported that its Q4 2026 revenues came in 5% lower than the year earlier quarter and 6.4% lower than the previous quarter.
More concerning, as compared to Q4 2025, North America OTC Eye & Ear Care, the segment which Clear Eyes® falls within, reported a whopping 20.6% decrease in revenues while its International OTC reported an equally disturbing year-over-year 31.3% decrease. Similarly, these business’ revenues were massively lower on a sequential basis.
During the company’s earnings call the next day, management revealed that there were “Clear Eyes supply constraints” and said “as we’ve seen in the past of dealing with the previous owners and management at Pillar5, is what would start out as an expected one-week shutdown to do something turned into two weeks, would turn into three, which would turn into four as things either got more complex or the work got expanded[.]”
In response, the market quickly reacted, sending the price of Prestige shares significantly lower.
“Our investigation is focused on when Prestige and its management first became aware that the Pillar5 facility was not performing and whether they might have misled investors about progress in remediating Clear Eyes® supply issues,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.
If you invested in Prestige and have substantial losses, or have knowledge that will assist the firm’s investigation, submit your losses now »
If you’d like more information and answers to other frequently asked questions about the firm’s Prestige investigation, read more »
Whistleblowers: Persons with non-public information regarding Prestige should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Huntington Ingalls Industries, Inc. reported Q1 2026 double-beat earnings, with revenue of $3.1B and EPS of $3.79, both above consensus. Newport News segment revenue rose 19% to $1.665B, driven by higher volumes in naval nuclear support, aircraft carriers, and submarines. Despite strong financial results, HII's stock has declined over 35% since my last coverage, underperforming the broader market.
MCLEAN, Va., June 22, 2026 (GLOBE NEWSWIRE) -- HII (NYSE: HII), America’s largest military shipbuilder, has been awarded a $418 million contract to repair and maintain shipboard-based elevators on U.S. Navy aircraft carriers and amphibious ships, supporting the fleet’s operational readiness.
Under the five-year, indefinite delivery/indefinite quantity (IDIQ) contract awarded by Naval Sea Systems Command (NAVSEA), HII’s Mission Technologies division will provide engineering, maintenance and technical repair support for the elevators, cargo handling equipment and associated systems installed on the ships.
“Ensuring that essential operational systems — including shipboard elevators — run reliably is central to meeting the readiness needs of our U.S. sailors and Marines,” said Michael Lempke, president of Mission Technologies’ Global Security group. “We look forward to applying four decades of Elevator Support Unit experience to safeguard the performance of these systems and ensure they are reliable, resilient and fully capable of supporting the fleet.”
HII’s Mission Technologies will also conduct sailor training to promote self-sufficiency at sea and provide rapid response fly-away teams that deploy globally to ensure complex maintenance and repairs are completed safely and effectively.
A photo accompanying this release is available at: https://www.hii.com/news/hii-awarded-418-million-contract-to-continue-supporting-fleet-operational-readiness-for-the-us-navy.
Building on more than 40 years of Elevator Support Unit experience, the team will apply lessons learned to ensure consistent high-quality, rapid-response and affordable sustainment services for the U.S. Navy’s fleet.
Work will be performed within the continental United States, outside the continental United States and at forward-deployed locations around the world.
HII currently maintains and modernizes the vast majority of the U.S. Navy’s fleet. The team employs a holistic approach to life-cycle maritime defense systems, from small watercraft to submarines, surface combatants and aircraft carriers, to ensure a high state of readiness.
About HII
HII is America’s largest shipbuilder, delivering the world’s most powerful ships and all-domain mission technologies, including unmanned systems, to U.S. and allied defense customers. HII is the largest producer of unmanned underwater vehicles for the U.S. Navy and the world.
With a more than 140-year history of advancing U.S. national security, HII builds and integrates defense capabilities extending from the core fleet to C6ISR, AI/ML, EW and synthetic training. Headquartered in Virginia, HII’s workforce is 44,000 strong. For more information, visit:
HII on the web: https://www.HII.com/HII on Facebook: https://www.facebook.com/TeamHIIHII on X: https://www.twitter.com/WeAreHIIHII on Instagram: https://www.instagram.com/WeAreHIIHII on LinkedIn: https://www.linkedin.com/company/wearehii Contact:
Greg McCarthy
(202) 264-7126 [email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6006a2f1-709b-4f25-9cda-c354870a7b54
Key Takeaways HII won a nearly $417.7M Navy contract for ship elevator maintenance and repair services.The contract supports aircraft carriers and amphibious ships in U.S. and forward-deployed locations.Rising naval vessel spending may benefit HII's shipbuilding units and boost revenue prospects. Huntington Ingalls Industries Inc. (HII - Free Report) recently secured a contract to provide elevator support unit maintenance and repair services for U.S. Navy aircraft carriers and amphibious ships. The work will support naval operations both within and outside the continental United States, including forward-deployed locations. The contract was awarded by the Naval Sea Systems Command in Washington, D.C.
Valued at nearly $417.7 million, the contract is expected to be completed in June 2031.
Growth Prospects for HIIAccording to a report from the Mordor Intelligence firm, nations across the globe are fortifying their defense spending on military weapons and arsenals as they look to strengthen their defense capabilities. This also includes augmented spending on navy ships for enhanced sea warfare capabilities. Mordor Intelligence also forecasts that the naval vessels market will witness a compound annual growth rate of 6.12% during the 2026-2031 period.
Such increased spending tends to benefit Huntington Ingalls as its Ingalls Shipbuilding segment constructs amphibious assault ships, expeditionary warfare ships, surface combatants and national security cutters for the U.S. Navy and boasts a strong portfolio of products. The company’s Newport News segment is involved in the design and construction of nuclear-powered aircraft carriers and submarines.
Huntington Ingalls continues to enjoy a consistent flow of orders, like the latest one, which boosts its revenue generation prospects.
Opportunities for Other Defense StocksSome other defense players that can gain from the expanding naval vessel market are discussed below.
Lockheed Martin (LMT - Free Report) : Lockheed’s Rotary and Mission Systems unit supports integrated warfare systems and sensors programs such as the AEGIS Combat System, the Littoral Combat Ship and Multi-Mission Surface Combatant for the U.S. Navy and other allies.
LMT’s long-term (three-to five-year) earnings growth rate is 18.5%. The Zacks Consensus Estimate for 2026 sales implies growth of 5.3% from the prior-year figure.
BAE Systems plc (BAESY - Free Report) : The company commissions, designs, builds, repairs and services a wide range of complex navy ships, including aircraft carriers. Its Queen Elizabeth Class Aircraft Carriers are the largest warships ever constructed in the United Kingdom.
BAESY has a long-term earnings growth rate of 15%. The Zacks Consensus Estimate for the company’s 2026 sales suggests a year-over-year increase of 56.4%.
General Dynamics (GD - Free Report) : General Dynamics’ Marine Systems segment is the leading designer and builder of nuclear-powered submarines and a leader in surface combatant and auxiliary ship design and construction for the U.S. Navy.
GD’s long-term earnings growth rate is 9.7%. The Zacks Consensus Estimate for 2026 sales implies growth of 4.7% from the prior-year figure.
Price PerformanceIn the past year, shares of HII have gained 20.3% compared with the industry’s 3.9% growth.
EVANSVILLE, Ind., June 23, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – For the third consecutive year, Old National Bank, a wholly-owned banking subsidiary of Old National Bancorp (“Old National”), has been named to Points of Light’s “The Civic 50.” This annual designation is reserved for the 50 most community-minded organizations in the United States, as determined by the Points of Light Foundation.
Old National was also named the 2026 Financials Sector Leader, recognizing the company as the leading financial services organization among this year’s “The Civic 50” honorees.
Now in its 14th year, The Civic 50 is the nation’s leading corporate social impact recognition program. Honorees are selected through a comprehensive assessment of corporate civic engagement across four dimensions: investment of resources, integration into business functions, institutionalization through policies and systems, and measurable impact.
“Being named to The Civic 50 reflects the heart and passion our team members bring to the communities we serve,” said Jim Ryan, Old National Chairman & CEO. “Caring for our communities is central to who we are, and our team members value making a meaningful difference through community engagement and by helping our clients build stronger financial futures.”
In 2025, Old National and its team members provided:
More than 67,500 hours of volunteer service across the bank’s nine-state footprint$13.6 million in total grants and sponsorships supporting more than 2,100 nonprofit and community-minded organizationsApproximately $721 million in Community Reinvestment Act (CRA)-eligible community development loans that supported affordable housing, economic development, and community services for low-to-moderate-income individuals and communities
“Community impact is woven into Old National’s culture, business strategy and values,” said Kathy Schoettlin, Old National Chief Communications, Culture, & Social Responsibility Officer. “Whether we’re helping small businesses grow, expanding access to financial literacy or advancing inclusion, we are focused on creating meaningful, lasting change in the communities we serve. This recognition reinforces that commitment and inspires us to keep moving forward.”
“Old National demonstrates how to embed purpose into the employee experience, build authentic relationships with communities and use business as a force for good,” said Jennifer Sirangelo, President and CEO of Points of Light. “Today’s leading companies understand that community engagement is more than a program, it’s a reflection of their commitment to advancing social impact in ways that strengthen both their company and the communities they serve.”
For more information about Old National’s commitment to clients and community, see our Community Action Report.
ABOUT OLD NATIONAL
Old National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $73 billion of assets and $39 billion of assets under management, Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at oldnational.com. In 2026, Points of Light named Old National to “The Civic 50” for the third consecutive year – an honor recognizing the 50 most community-minded companies in the United States – and also named Old National the Financials Sector Leader among nominated banks and financial services organizations.
ABOUT POINTS OF LIGHT
Points of Light is a nonpartisan, global nonprofit organization that inspires, equips and mobilizes millions of people to create positive change through volunteering and civic engagement. Through work with nonprofits, companies and social impact leaders, the organization galvanizes volunteers to meet critical needs in communities. As the world’s largest organization dedicated to increasing volunteer service, Points of Light engages more than 3.8 million volunteers across 32 countries. For more information, visit pointsoflight.org.
LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) will release its financial results for the second quarter 2026 (2Q26), as well as prepared management remarks (in PDF format), at 6:00 a.m. Eastern time on July 29, 2026. The company will host a live question-and-answer session at 8:00 a.m. Eastern time that morning to discuss its financial results for the quarter and earnings guidance for 2026.
A webcast of the 2Q26 earnings call may be accessed via Humana’s Investor Relations page at https://humana.gcs-web.com/.
If you anticipate asking a question during the question-and-answer session, please register in advance using this link, https://register-conf.media-server.com/register/BI18085d824058461aa3c6b8b2af27cb40.
Upon registration, telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number and a unique registrant ID.
The company suggests participants listening via the web or the conference call sign in or dial in at least 15 minutes in advance of the call. For those unable to participate in the live event, the virtual presentation archive will be available in the Historical Webcasts and Presentations section of the Investor Relations page at https://humana.gcs-web.com/, approximately two hours following the live webcast.
The company’s 2Q26 earnings news release is expected to include financial measures that are not in accordance with Generally Accepted Accounting Principles (GAAP). A reconciliation of non-GAAP financial measures to financial results under GAAP, as well as management’s reasons for including non-GAAP financial measures, will be included in the company’s 2Q26 earnings news release, a copy of which will be available on the Investor Relations page of www.humana.com on July 29, 2026.
About Humana
Humana (NYSE: HUM) is a leading U.S. healthcare company. Through our Humana insurance services and our CenterWell healthcare services, we make it easier for the millions of people we serve to achieve their best health – delivering the care and service they need, when they need it. These efforts are leading to a better quality of life for people with Medicare and Medicaid, families, individuals, military service personnel, and communities at large. Learn more about what we offer at Humana.com and at CenterWell.com.
, /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP advises Humana Inc. (NYSE: HUM) investors that the firm is investigating potential legal claims arising from alleged false and misleading statements about the company's exposure to increased healthcare utilization costs. Current shareholders are encouraged to contact the firm here: https://www.classactionlawyers.com/humana.
On April 27, 2026, U.S. District Judge Jennifer L. Hall ruled that key claims in a securities fraud lawsuit against Humana and its former CEO and CFO will move forward. The lawsuit alleges that between July 2022 and October 2024, the company misled investors regarding the company's exposure to increased post-pandemic healthcare utilization costs. These statements allegedly caused Humana's stock to trade at artificially inflated prices. Judge Hall found the complaint sufficiently alleged that defendants acted with scienter, or an intent to defraud, in making these false and misleading statements. During this period, company insiders sold over $104 million in stock. When the truth was gradually revealed beginning in June 2023 and the company reported disappointing results, the stock price significantly dropped.
We are investigating potential wrongdoing by Humana's directors and officers in connection with these allegations.
If you own Humana stock, you may have legal options. Visit https://www.classactionlawyers.com/humana to learn more.
About Schubert Jonckheer & Kolbe LLP
Schubert Jonckheer & Kolbe represents consumers in class actions and shareholders in derivative actions against corporate officers and directors. The firm is based in San Francisco and, with the help of co-counsel, litigates cases nationwide.
Contact
Dustin L. Schubert
[email protected]
Tel: 415-788-4220
Humana Inc. (NYSE: HUM) Investor Alert: Schubert Jonckheer Investigating Possible False Statements Regarding Healthcare Utilization Costs, Over $104 Million Insider Sales PR Newswire
SAN FRANCISCO, June 23, 2026
, /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP advises Humana Inc. (NYSE: HUM) investors that the firm is investigating potential legal claims arising from alleged false and misleading statements about the company's exposure to increased healthcare utilization costs. Current shareholders are encouraged to contact the firm here: https://www.classactionlawyers.com/humana.
On April 27, 2026, U.S. District Judge Jennifer L. Hall ruled that key claims in a securities fraud lawsuit against Humana and its former CEO and CFO will move forward. The lawsuit alleges that between July 2022 and October 2024, the company misled investors regarding the company's exposure to increased post-pandemic healthcare utilization costs. These statements allegedly caused Humana's stock to trade at artificially inflated prices. Judge Hall found the complaint sufficiently alleged that defendants acted with scienter, or an intent to defraud, in making these false and misleading statements. During this period, company insiders sold over $104 million in stock. When the truth was gradually revealed beginning in June 2023 and the company reported disappointing results, the stock price significantly dropped.
We are investigating potential wrongdoing by Humana's directors and officers in connection with these allegations.
If you own Humana stock, you may have legal options. Visit https://www.classactionlawyers.com/humana to learn more.
About Schubert Jonckheer & Kolbe LLP
Schubert Jonckheer & Kolbe represents consumers in class actions and shareholders in derivative actions against corporate officers and directors. The firm is based in San Francisco and, with the help of co-counsel, litigates cases nationwide.
View original content:https://www.prnewswire.com/news-releases/humana-inc-nyse-hum-investor-alert-schubert-jonckheer-investigating-possible-false-statements-regarding-healthcare-utilization-costs-over-104-million-insider-sales-302807563.html
First FDA-approved, at-home screening test that uses RNA technology to detect biomarkers associated with colorectal cancer and advanced adenomas Designed to reduce common barriers to at-home screening with a cleaner, simplified collection experience that minimizes sample handling Meets screening guidelines from the American Cancer Society (ACS) and National Comprehensive Cancer Network (NCCN) , /PRNewswire/ -- Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services, today announced the nationwide availability of ColoSense®, the only RNA-based at-home test for colorectal cancer (CRC) screening approved by the U.S. Food and Drug Administration (FDA). Offered through a commercial collaboration with test developer Geneoscopy, ColoSense expands Labcorp's comprehensive portfolio of colorectal cancer screening solutions. The test is now covered for eligible Medicare and Medicare Advantage beneficiariesi following the Centers for Medicare & Medicaid Services (CMS) update to the National Coverage Determination (NCD) in June, with additional commercial coverage also available.
Photo courtesy of Labcorp Reducing Barriers to At-Home Screening
Colorectal cancer is highly preventable when detected early, yet approximately 4 in 10 eligible adults are not up to date with recommended screenings. While at-home tests offer convenience, the collection process can be a significant barrier to completion. According to Labcorp research, among users of at-home screening tests, 41% were uncomfortable preparing the sample, and 34% said the process felt messy. ColoSense is designed to reduce common barriers to at-home screening with a cleaner, simplified collection experience that minimizes sample handling.
"Labcorp is focused on improving colorectal cancer screening rates by offering at-home options consumers are more likely to complete," said Dr. Brian Caveney, chief medical and scientific officer at Labcorp. "With ColoSense now available nationwide, we're expanding access to an FDA-approved screening option that delivers advanced science and a more streamlined, easier-to-use collection experience."
Breakthrough Innovation Recognized by the FDA and Leading Cancer Authorities
ColoSense uses RNA-based technology to detect biomarkers associated with both colorectal cancer and advanced adenomas, precancerous changes that may be an early indication of disease. ColoSense received Breakthrough Device Designation from the FDA, which is reserved for medical devices that offer the potential for more effective diagnosis or treatment of life-threatening conditions. ColoSense aligns with stool-based RNA screening approaches recognized in the American Cancer Society (ACS) colorectal cancer screening guidelines and is included as a recommended screening option in the National Comprehensive Cancer Network (NCCN) guidelines.
"ColoSense reflects years of scientific innovation focused on improving how we screen for colorectal cancer at home," said Matt Sargent, chief commercial officer at Geneoscopy. "We're proud to partner with Labcorp to help bring this test into routine care nationwide and ensure more patients can benefit from earlier detection."
ColoSense is available through healthcare providers for adults aged 45 to 85 at average risk and is not for individuals with a history of colorectal cancer or certain high-risk conditions. ColoSense has demonstrated strong clinical performance, with 93% sensitivity for colorectal cancer in average-risk individuals, and achieved 100% sensitivityii for stage I colorectal cancer, detecting disease at its most treatable stage.
Once ordered, the collection kit is delivered directly to the consumer's home for collection and return, featuring a simplified design that eliminates the need to separate or mix the stool sample. Geneoscopy offers patient navigation support to help individuals understand their results and follow recommended next steps, including colonoscopy after a positive result. ColoSense is a screening test and does not replace diagnostic colonoscopy.
The introduction of ColoSense further expands Labcorp's portfolio of colorectal cancer screening options, providing patients and providers with greater choice and flexibility. To learn more, visit https://www.labcorp.com/treatment-areas/colorectal-cancer/crc-screening/colosense.
About Labcorp
Labcorp (NYSE: LH) is a global leader of innovative and comprehensive laboratory services that helps doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. We provide insights and advance science to improve health and improve lives through our unparalleled diagnostics and drug development laboratory capabilities. The company's nearly 71,000 employees serve clients in approximately 100 countries, provided support for more than 85% of the new drugs and therapeutic products approved by the FDA in 2025 and performed more than 750 million tests for patients around the world. Learn more at www.labcorp.com.
About Geneoscopy, Inc.
Geneoscopy Inc. is a life sciences company focused on developing diagnostic tests for gastrointestinal health. Leveraging its proprietary, patented stool-derived eukaryotic RNA (seRNA) biomarker platform, Geneoscopy's mission is to empower patients and providers to transform gastrointestinal health through innovative diagnostics. In partnership with leading universities and biopharmaceutical companies, Geneoscopy is also developing diagnostic tests for treatment selection and therapy monitoring in other GI disease areas. For more information, visit www.geneoscopy.com and follow the company on LinkedIn.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements, including, but not limited to, statements with respect to the expected utility and benefits, and availability from Labcorp, of the ColoSense screening test for colorectal cancer.
Each of the forward-looking statements is subject to change based on various important factors, many of which are beyond the company's control. These factors, in some cases, have affected and in the future (together with other factors) could affect the company's ability to implement the company's business strategy, and actual results could differ materially from those suggested by these forward-looking statements. As a result, readers are cautioned not to place undue reliance on any of the forward-looking statements.
The company has no obligation to provide any updates to these forward-looking statements even if its expectations change. All forward-looking statements are expressly qualified in their entirety by this cautionary statement. Further information on potential factors, risks and uncertainties that could affect operating and financial results is included in the company's most recent Annual Report on Form 10-K under the heading RISK FACTORS and in the company's other filings with the SEC. The information in this press release should be read in conjunction with a review of the company's filings with the SEC including the information in the company's most recent Annual Report on Form 10-K under the heading "MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS."
iPatient Criteria: Age 45 to 85 years; asymptomatic (no signs or symptoms of colorectal disease including but not limited to lower gastrointestinal pain, blood in stool, positive guaiac fecal occult blood test (gFOBT) or fecal immunochemical test (FIT)); and at average risk of developing colorectal cancer (no personal history of adenomatous polyps, colorectal cancer, or inflammatory bowel disease, including Crohn's Disease and ulcerative colitis; no family history of colorectal cancers or adenomatous polyps, familial adenomatous polyposis, or hereditary nonpolyposis colorectal cancer).
Enterprise Products Partners (EPD - Free Report) closed at $37.13 in the latest trading session, marking a +1.95% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 1.44%. On the other hand, the Dow registered a loss of 0.09%, and the technology-centric Nasdaq decreased by 2.22%.
The provider of midstream energy services's stock has dropped by 8.1% in the past month, falling short of the Oils-Energy sector's loss of 7.14% and the S&P 500's gain of 0.08%.
The upcoming earnings release of Enterprise Products Partners will be of great interest to investors. On that day, Enterprise Products Partners is projected to report earnings of $0.73 per share, which would represent year-over-year growth of 10.61%. In the meantime, our current consensus estimate forecasts the revenue to be $13.49 billion, indicating a 18.73% growth compared to the corresponding quarter of the prior year.
EPD's full-year Zacks Consensus Estimates are calling for earnings of $2.98 per share and revenue of $56.02 billion. These results would represent year-over-year changes of +12.03% and +6.51%, respectively.
Any recent changes to analyst estimates for Enterprise Products Partners should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.68% higher. Enterprise Products Partners currently has a Zacks Rank of #3 (Hold).
Looking at valuation, Enterprise Products Partners is presently trading at a Forward P/E ratio of 12.22. This expresses a discount compared to the average Forward P/E of 13.26 of its industry.
One should further note that EPD currently holds a PEG ratio of 1.3. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. EPD's industry had an average PEG ratio of 1.3 as of yesterday's close.
The Oil and Gas - Production Pipeline - MLB industry is part of the Oils-Energy sector. This industry, currently bearing a Zacks Industry Rank of 104, finds itself in the top 43% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Tech stocks have continued to zoom higher, and now the initial public offering (IPO) market is starting to heat up. While that is exciting, there is also concern that this could signal the market is getting frothy and that a forming AI bubble could pop.
So, if the tech frenzy is making you more nervous than excited when it comes to your investment portfolio, investing in some steady, high-yield pipeline stocks could be a better option for you right now. Let's look at three top master limited partnership (MLP) options.
Image source: Getty Images.
1. Energy Transfer Energy Transfer (ET 1.17%) is a great combination of a high yield, solid growth, and an attractive valuation. With one of the largest integrated midstream systems in the U.S. and a strong presence in the Permian Basin (the U.S.'s most prolific oil basin, home to some of the country's lowest natural gas prices), the company has a large growth project pipeline tied to strong natural gas demand.
The company has several large natural gas pipeline projects, headlined by its Hugh Brinson and Desert Southwest Pipelines, both of which will transport natural gas from the Permian to markets with high demand in the Southwest. These are attractive projects, with expected earnings before interest, taxes, depreciation, and amortization (EBITDA) build multiples of 5x to 6x, which equate to high-teens returns. With Energy Transfer projected to spend between $5.5 billion and $5.9 billion on organic growth projects this year, it should see some of the best growth in the midstream space in the coming years.
Today's Change
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Meanwhile, the stock sports a 7.2% yield and trades at a forward enterprise value (EV)-to-EBITDA multiple of just 8.3, one of the lowest valuations in the space.
2. Enterprise Products Partners If you're looking for a sleep-well-at-night stock, look no further than Enterprise Products Partners (EPD 1.32%). This is a conservatively run pipeline MLP that has a strong balance sheet and distribution coverage ratio. It has the highest credit rating of any company in the midstream space and low leverage of just 3.2x. One often-overlooked advantage the company has is that it has low-cost debt (a weighted-average cost of 4.7%) locked up for an average of more than 16 years.
The company has increased its distribution for 27 straight years, through all kinds of difficult economic and energy markets. Enterprise is also set to see strong double-digit growth in cash flow and EBITDA next year as projects come online. However, it has cut back on growth capital expenditures (capex) this year to focus on buybacks and debt reduction, while maintaining its conservative stance.
The stock currently yields 6% and trades at a historically attractive forward EV/EBITDA multiple of 10.5.
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3. Western Midstream With an 8.7% yield, Western Midstream (WES 1.98%) has one of the highest yields in the midstream space. However, that high yield does not come with any added risk or fewer growth prospects. Following its acquisition of the Brazos Delaware assets, it will still have leverage of only 3x, and it is targeting distribution growth at a mid-to-low single-digit pace moving forward.
The company has done a nice job of repositioning itself through M&A. The Brazos deal expands its natural gas and crude gathering footprint in the Delaware Basin (which is part of the Permian) and helps diversify its customer base away from its parent, Occidental Petroleum.
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The company has also made a strong push into the produced water business through its prior acquisition of Aris Water Solutions and its Pathfinder Pipeline project, which is expected to come online in the first quarter of 2027, just ahead of a new processing train at its North Loving facility.
Trading at a forward EV/EBITDA multiple of under 9, this is an attractively valued MLP with a high yield that you can buy and hold for the long term.
Key Takeaways ABT's EPD sales rose 9% in Q1 2026, led by broad-based demand across emerging markets.ABT's Key Emerging Markets sales grew 9.4%, with double-digit gains across Latin America and Asia Pacific.Abbott expanded biosimilars through launches, approvals and new denosumab approvals in Brazil. Abbott’s (ABT - Free Report) Established Pharmaceuticals Division (“EPD”) is heavily focused on emerging markets. In the first quarter of 2026, the segment posted 9% year-over-year sales growth, supported by broad-based demand across the markets it serves. Within this, sales in Key Emerging Markets increased 9.4%, including double-digit growth in several countries across Latin America and the Asia Pacific regions.
These markets represent compelling growth opportunities for branded generic medicines due to favorable healthcare, economic and demographic trends, including higher birth rates, an expanding middle class and aging populations. Abbott is addressing the growing demand through a diversified portfolio of branded generic medicines tailored to local needs, with a focus on key therapeutic areas, including cardiometabolic, gastroenterology and central nervous system/pain management. Meanwhile, Other Emerging Markets, excluding the effect of foreign exchange, increased 7.9% in the quarter.
Abbott is expanding existing brands into new markets, implementing product enhancements and pursuing strategic licensing opportunities. It continues to work on further developing key brands such as Creon, Duphaston, Femoston and Influvac.
Abbott’s expanded collaboration with mAbxience in 2023 complements its existing branded generic medicine portfolio with biosimilars. Under the partnership, the Spain-based biotech leader will develop and manufacture the biosimilar molecules, while Abbott will leverage its large emerging market footprint to commercialize them.
In 2025, Abbott broadened its biosimilar presence through launches and approvals across multiple markets, including the first denosumab biosimilar in Thailand, the first Clesoniz (Bevacizumab) biosimilar launch in Malaysia and its first biosimilar approval in Brazil with Bisintex (Trastuzumab). More recently, Abbott received regulatory approval from Anvisa (Brazilian Health Regulatory Agency) for two new denosumab biosimilar medications in Brazil (60 mg and 120 mg), expanding access to advanced therapies for osteoporosis and cancer-related bone complications.
Some Updates From ABT PeersLabcorp (LH - Free Report) has announced the nationwide availability of ColoSense, the only RNA-based at-home test for colorectal cancer (CRC) screening approved by the FDA. The test is offered through a commercial collaboration with test developer Geneoscopy and expands Labcorp's comprehensive portfolio of CRC solutions. Following the Centers for Medicare & Medicaid Services update to the National Coverage Determination in June, ColoSense is now covered for eligible Medicare and Medicare Advantage beneficiaries.
Becton, Dickinson and Company (BDX - Free Report) , or BD, was awarded an Innovative Technology contract from Vizient for its BD CentroVena One Insertion System. The contract was awarded following a review by hospital experts serving on Vizient's client-led councils and recognizes that CentroVena One offers unique capabilities through its all-in-one design with the potential to enhance clinical care, improve patient and clinician safety, and streamline procedural workflows.
ABT Price Performance, Valuation & EarningsYear to date, ABT shares have plunged 27.9% compared with the industry’s 25% decline.
Image Source: Zacks Investment Research
Abbott is trading at a forward, 12-month Price/Sales (P/S) of 3.00X, lower than its median but above the industry average.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Abbott’s 2026 and 2027 earnings has been revised downward in the past 90 days.
Image Source: Zacks Investment Research
Abbott currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Crude oil has whipsawed investors all year. WTI spiked to $112.25 per barrel in mid-May as the Iran conflict rattled supply lanes, then drifted back to $84.65 by June 15. For income investors, that kind of volatility is exactly why owning energy through dividend-rich names with insulated cash flows beats trying to ride the barrel. The three picks below have multi-decade payout streaks, fortress-grade balance sheets or fee-based revenue models, and Q1 2026 results that confirmed the dividends are funded by real cash, not financial engineering.
Each name carries a concrete reason to be called “reliable”: 27 consecutive years of distribution growth at one, 43 consecutive years of dividend increases at another, and 39 consecutive years at the third. Here is how to think about each one as we move through June.
Enterprise Products Partners Enterprise Products Partners (NYSE:EPD | EPD Price Prediction) is a master limited partnership that issues a K-1 at tax time, an important note for retirement accounts. It operates one of the largest midstream networks in North America, with over 50,000 miles of pipelines, processing plants, and export terminals tied to natural gas liquids, crude, and petrochemicals.
The income story is the headline. The Q2 2026 distribution was declared at $0.55 per unit, payable May 14, 2026, which annualizes to $2.20 and extends a 27th consecutive year of distribution growth. Q1 2026 backed it up: adjusted EBITDA grew 10% to $2.69 billion, distributable cash flow hit $2.7 billion, and the partnership retained $1.5 billion for reinvestment after the payout. CEO Jim Teague has separately flagged that a Strait of Hormuz disruption could remove 12 million to 15 million barrels per day from global supply, a tailwind for U.S. export infrastructure.
Shares trade around $36.76, up 28% over the past year, with a forward earnings multiple of 13. The analyst consensus price target sits at $41.25. The caveats: leverage is meaningful at $34.2 billion in total debt, NGL realized prices have softened to $0.57/gal versus $0.67/gal year over year, and the K-1 form complicates tax filing.
Exxon Mobil Exxon Mobil (NYSE:XOM) is the integrated supermajor benchmark, and its Q1 2026 print made the bull case loudly. Adjusted EPS came in at $1.16 versus the $1.0074 estimate, the company’s fourth straight quarter beating expectations. Revenue grew 5% year over year to $85.14 billion, and underlying earnings hit $8.77 billion after stripping out derivative timing noise.
The dividend keeps marching. The Q2 2026 declaration was $1.03 per share, paid June 10, 2026, with the yield sitting near 3%. Capital return is heavy: $4.9 billion in buybacks during Q1 against a $20 billion full-year repurchase target. CEO Darren Woods called Exxon a “fundamentally stronger company…built to perform through disruption.” The growth engines back him up: record Guyana production above 900,000 gross barrels per day and the first Golden Pass LNG export cargo loaded in April 2026.
Shares trade around $136.43 with a forward P/E of 12 and a year-over-year gain of 29%. The analyst target is $169.91. The risk worth weighing: GAAP earnings showed a 46% YoY decline due to derivative timing, and Middle East geopolitical exposure cuts both ways.
Chevron Chevron (NYSE:CVX) is the only energy stock in the Dow Jones Industrial Average, and the Hess integration has reshaped the production base. Worldwide output rose 15% YoY to 3,858 MBOED in Q1 2026, with U.S. production above 2 million barrels per day for a third straight quarter. Adjusted EPS landed at $1.41 versus a $0.97 estimate, the sixth straight beat.
Income credentials are deep. Chevron paid $1.78 per share on June 10, 2026, with the yield around 4% and a streak now stretching 39 consecutive years. Capital return remained aggressive at $2.5 billion in Q1 buybacks, the 16th consecutive quarter returning more than $5 billion to shareholders. CEO Mike Wirth highlighted “solid first quarter performance, underscoring the resilience of our portfolio.”
Shares sit near $171.26, up 25% over one year, with a forward P/E of 12 and an analyst target of $217.36. Watch the cash flow line: Q1 free cash flow turned negative at -$1.55 billion on working capital outflows and derivative timing, and the net debt ratio rose to 18% from 16%. TCO downtime in Kazakhstan and Venezuela exposure add geopolitical complications.
What to Watch Next Each of these names solves a different problem in an income portfolio. Enterprise Products offers the highest payout with fee-based insulation. Exxon brings scale, LNG growth, and the strongest balance sheet. Chevron delivers the highest yield among the integrated majors with a clear post-Hess production runway. If WTI volatility persists through summer, the structural cash flow profiles of these three should let the dividend checks keep clearing regardless of the headline price.
Key Takeaways CIEN raised fiscal 2026 revenue guidance, supported by AI infrastructure and optical networking demand.CIEN saw strong growth in service provider revenue and expanding hyperscaler engagements.ANET lifted its 2026 revenue outlook but faces supply constraints and gross margin pressure. Ciena Corporation (CIEN - Free Report) and Arista Networks, Inc. (ANET - Free Report) are among the key beneficiaries of the growing investments in artificial intelligence (AI) infrastructure, as organizations increasingly require advanced networking solutions to support large-scale AI workloads. The rapid expansion of AI training, inference and data-intensive applications is driving demand for high-performance connectivity across data centers, cloud environments and wide-area networks. As a result, networking providers are seeing rising opportunities to deliver the infrastructure needed to move, manage and process massive amounts of data efficiently.
Both companies are capitalizing on these favorable industry trends through their respective technology portfolios. Arista Networks is strengthening its position in AI and cloud networking with its high-speed Ethernet switching and AI fabric solutions, while Ciena is benefiting from growing demand for optical networking, interconnect technologies and data center connectivity infrastructure. With AI-related investments continuing to accelerate across hyperscalers, cloud providers and enterprises, both companies are well-positioned to participate in the long-term growth of the AI networking market.
Let’s analyze their fundamentals, growth opportunities, market challenges and valuation to assess which one presents a stronger investment opportunity.
The Case for CIENCiena is benefiting from AI-driven demand across cloud and service provider markets, supported by its technology leadership, deep customer relationships and broad portfolio spanning systems, interconnects, software and services. In the second quarter, revenue increased, adjusted gross margin expanded and adjusted earnings per share nearly quadrupled. Management stated that a strong and growing backlog, combined with the company's leading technology portfolio, provides strong visibility and positions Ciena to capture long-term opportunities across WAN and data center networking.
The company is also gaining momentum from rising investments by hyperscalers and service providers in network infrastructure. Management noted that customers are prioritizing high-capacity, low-latency and high-speed connectivity to support AI model training, data ingestion and inference workloads. Ciena's addressable market is expected to nearly double to approximately $50 billion by 2029, driven by growth in both traditional WAN markets and high-growth data center opportunities. Service provider revenue increased 28% year over year, while revenue from service providers in India more than doubled, reflecting strong demand for managed optical fiber network deployments.
Ciena continues to benefit from demand for its latest networking solutions and expanding customer engagements. The company announced the industry's first multi-rail order for its RLS Hyper-Rail platform from a leading hyperscaler and is engaged in discussions with multiple additional hyperscalers, neoscalers and service providers. Its DCOM solution contributed to 88% year-over-year growth in the Routing and Switching segment, while initial orders from a second hyperscaler and lab qualifications with a third customer further broadened the customer base. The company also secured a new hyperscaler win for its coherent modules and remains on track to more than double pluggable revenue compared with 2025.
Ciena is further benefiting from customer co-creation initiatives and strong operational execution. Management stated that customers increasingly involve the company early in the development of new architectures, helping improve road map decisions, increase win rates and provide greater demand visibility.
Image Source: Zacks Investment Research
Management expects third-quarter fiscal 2026 revenue of $1.625 billion, plus or minus $50 million. The company also increased its fiscal 2026 revenue guidance to $6.3 billion, plus or minus $100 million, which implies roughly 32% year-over-year growth at the midpoint. Management attributed the stronger outlook to ongoing investments in AI infrastructure and continued robust demand for its optical networking solutions.
However, Ciena continues to operate in a supply-constrained environment where demand exceeds available supply. As a result, the company is making additional capital and operating expense investments to secure future manufacturing capacity and strengthen supply-chain resilience. Management also cited ongoing constraints in modem components and laser pumps used in amplifiers and line systems. In addition, inflationary pressures and higher variable compensation associated with stronger business performance are increasing operating expenses, prompting further investments to support anticipated future demand.
The Case for ANETArista is gaining from the rapid expansion of AI infrastructure and cloud networking demand, as enterprises, hyperscalers and AI providers increasingly deploy large-scale training and inference workloads. The company delivered strong first-quarter 2026 results, with revenue rising 35.1% year over year to $2.71 billion, exceeding guidance. Management highlighted growing traction for its cloud and AI networking strategy, supported by increasing adoption of its high-speed Ethernet solutions and leadership position in high-speed switching. Reflecting this momentum, Arista raised its 2026 revenue outlook to approximately $11.5 billion and increased its AI fabrics revenue target to $3.5 billion, indicating expectations for continued growth in AI-related deployments.
The company continues to benefit from expanding AI networking opportunities through its scale-out and scale-across architectures. The company reported more than 100 cumulative customers deploying 800-gigabit Ethernet solutions and expects 1.6-terabit deployments to reach production scale in 2027. Management noted strong demand for its Etherlink portfolio, AI fabric offerings and networking software, which support diverse AI accelerators and increasingly complex AI workloads. The company is also seeing growing adoption among cloud providers, neocloud operators and AI infrastructure customers, supported by the scalability, reliability and observability of its EOS platform.
Arista Networks also demonstrated strong financial and operational execution. Arista generated approximately $1.69 billion in operating cash flow, the highest in its history, and ended the quarter with $12.35 billion in cash, cash equivalents and marketable securities. Management highlighted continued investments in innovation, including next-generation AI networking products, advanced optics technologies such as XPO, and enterprise expansion initiatives, positioning the company to address future growth opportunities.
Despite strong demand trends, Arista is facing industry-wide supply constraints across wafers, silicon chips, CPUs, optics, memory and other key components. Management stated that demand is currently outpacing supply and expects these challenges to persist for the next one to two years. To secure supply and support customer deployments, the company has entered into multiyear purchase commitments and is incurring higher procurement costs, which may continue to constrain shipment capacity and operational flexibility.
The challenging supply environment is also creating pressure on profitability. Gross margin declined to 62.4% from 63.4% in the previous quarter, primarily due to customer mix and elevated component costs. Management expects ongoing gross margin pressure as it absorbs higher expenses for memory, silicon and other critical inputs while prioritizing supply continuity for customers.
CIEN vs. ANET Share Price PerformanceOver the past six months, CIEN shares have gained 91.6%, while Arista has increased 33.5%.
Image Source: Zacks Investment Research
Valuation for CIEN & ANETIn terms of Price/Book, CIEN shares are trading at 22.53X, higher than ANET’s 16.3X.
Image Source: Zacks Investment Research
How Do Estimates Compare for CIEN & ANET?Analysts have significantly revised their earnings estimates upward for CIEN’s bottom line for the current year.
Image Source: Zacks Investment Research
For ANET, there have been marginal upward revisions for the current year.
Image Source: Zacks Investment Research
CIEN or ANET: Which is a Better Pick?While CIEN sports a Zacks Rank #1 (Strong Buy) at present, ANET has a Zacks Rank #3 (Hold). Consequently, in terms of Zacks Rank and valuation, CIEN seems to be a better pick at the moment.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Let's take a look at what these Wall Street heavyweights have to say about Arista Networks (ANET - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Arista Networks currently has an average brokerage recommendation (ABR) of 1.25, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 26 brokerage firms. An ABR of 1.25 approximates between Strong Buy and Buy.
Of the 26 recommendations that derive the current ABR, 21 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 80.8% and 11.5% of all recommendations.
Brokerage Recommendation Trends for ANET
Check price target & stock forecast for Arista Networks here>>>
While the ABR calls for buying Arista Networks, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near-term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
Zacks Rank Should Not Be Confused With ABRIn spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.
The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.
There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.
Is ANET a Good Investment?In terms of earnings estimate revisions for Arista Networks, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $3.63.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Arista Networks. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Arista Networks.
Arista Networks (ANET - Free Report) ended the recent trading session at $162.20, demonstrating a -7.08% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 1.44% for the day. Meanwhile, the Dow experienced a drop of 0.09%, and the technology-dominated Nasdaq saw a decrease of 2.22%.
Prior to today's trading, shares of the cloud networking company had gained 13.33% outpaced the Computer and Technology sector's gain of 0.98% and the S&P 500's gain of 0.08%.
Investors will be eagerly watching for the performance of Arista Networks in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.89, indicating a 21.92% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $2.82 billion, indicating a 27.95% growth compared to the corresponding quarter of the prior year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.63 per share and a revenue of $11.57 billion, representing changes of +21.81% and +28.46%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Arista Networks. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. At present, Arista Networks boasts a Zacks Rank of #3 (Hold).
Digging into valuation, Arista Networks currently has a Forward P/E ratio of 48.04. For comparison, its industry has an average Forward P/E of 18, which means Arista Networks is trading at a premium to the group.
Investors should also note that ANET has a PEG ratio of 2.42 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Internet - Software industry held an average PEG ratio of 0.96.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 84, placing it within the top 35% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
SummaryNutanix is positioned for multi-year growth, benefiting from VMware customer migrations, expanded storage partnerships, and emerging AI inference opportunities.Q3 FY2026 results exceeded guidance across all metrics, with revenue of $703.1M (+10% YoY), 15% ARR growth, and non-GAAP operating margin of 22.3%.NTNX authorized a $750M share buyback, signifying management's confidence, while trading at a reasonable ~24x non-GAAP P/E and a rule-of-40 score of 42.Key risks include Broadcom migration retention, competitive threats, and early-stage AI/neocloud revenues; monitoring new logo growth and net revenue retention is critical. imaginima/iStock via Getty Images
Intro Nutanix (NTNX) sells software that runs the “Private Cloud”; the data centers that companies own and operate themselves, as opposed to renting from Amazon, Microsoft, or Google. The investment case rests on three inflections happening all at once:
Broadcom's 249 Followers
Analyst’s Disclosure: I/we have a beneficial long position in the shares of NTNX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
ATLANTA--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., has published its 2025 Corporate Responsibility Report.
The report outlines key achievements and initiatives from the past year, including efforts to reduce environmental impact, support local communities, invest in team members, and uphold high standards of ethics and accountability across the organization.
“Asbury remains committed to integrating our social responsibility initiatives into the core of our operations,” stated Asbury President & Chief Executive Officer Daniel Clara. “I am proud of the progress we continue to make, which strengthens our role as responsible corporate citizens for the environment, our team members, and the communities we serve.”
To view the Company’s 2025 report, visit https://socialresponsibility.asburyauto.com/.
About Asbury Automotive Group, Inc.
Asbury Automotive Group, Inc. (NYSE: ABG), a Fortune 500 company headquartered in Atlanta, Georgia, is one of the largest automotive retailers in the U.S. In late 2020, Asbury embarked on a multi-year plan to increase revenue and profitability strategically through organic operations, acquisitive growth, and innovative technologies, with its guest-centric approach as Asbury’s constant North Star. Asbury presently operates 158 new vehicle dealerships, consisting of 202 franchises and representing 34 domestic and foreign brands of vehicles. Asbury also operates Total Care Auto, Powered by Asbury, a leading provider of service contracts and other vehicle protection products, and 37 collision repair centers. Asbury offers an extensive range of automotive products and services, including new and used vehicles; parts and service, which includes vehicle repair and maintenance services, replacement parts and collision repair services; and finance and insurance products, including arranging vehicle financing through third parties and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, and prepaid maintenance. Asbury is recognized as one of America’s Fastest Growing Companies 2024 by the Financial Times, one of the World’s Most Trustworthy Companies for 2024 and 2025 by Newsweek, and one of America’s Most Successful Small-Cap Companies by Forbes for 2026.
For additional information, visit www.asburyauto.com.
AUSTIN, Texas--(BUSINESS WIRE)--Natera, Inc. (NASDAQ: NTRA), a global leader in cell-free DNA and precision medicine, today announced that the National Comprehensive Cancer Network® (NCCN®) has updated its Clinical Practice Guidelines in Oncology for Bladder Cancer to include tumor-informed multiplex PCR circulating tumor DNA (ctDNA)-based molecular residual disease (MRD) testing in the treatment algorithm for patients with MIBC.The updated guidelines state that the Panel “recommends the conside.
NEW YORK & DALLAS--(BUSINESS WIRE)--CRH (NYSE: CRH), the leading provider of building materials, today announced that it has signed an agreement to acquire 100% of Arcosa, Inc. (NYSE: ACA) in an all-cash transaction for $150 per share, subject to Arcosa stockholders’ and regulatory approvals. The offer to Arcosa stockholders implies a 25% premium to Arcosa’s 60-day trading VWAP as of June 18, 2026. The transaction values Arcosa at a total enterprise value of approximately $8.5 billion, representing an acquisition multiple of 11.5x 2026E Adjusted EBITDA, including estimated annual run-rate cost synergies of $175 million by year three.
Headquartered in Dallas, Texas, Arcosa is a provider of infrastructure-related materials, products and solutions. Its Construction Products business is a leading aggregates platform in the U.S., with 109 quarries and yards, nine asphalt plants, 19 terminals and approximately 35 million tons (mt) of 2025 aggregates shipments. Arcosa’s Engineered Structures business is a top three manufacturer of critical infrastructure products in the high-growth energy transmission market, supported by long-term megatrends in grid modernization, electrification, and data center construction.
Arcosa is highly complementary to CRH, advancing the company’s connected portfolio strategy. The transaction reinforces CRH’s position as the leader in U.S. aggregates, as well as globally, and increases exposure to some of the fastest-growing Metropolitan Statistical Areas (MSAs) in the U.S.
Jim Mintern, CRH CEO, said, “This strategic acquisition reinforces our position as the #1 infrastructure player in North America and advances our strategy to build an aggregates-led, connected portfolio. As demand for U.S. energy and utility infrastructure solutions accelerates, this transaction places CRH at the forefront of an immense growth opportunity and demonstrates our ongoing commitment to building market-leading positions through disciplined capital allocation. We have a tremendous amount of respect for Arcosa’s business and look forward to welcoming the Arcosa team into CRH.”
Antonio Carrillo, President and CEO of Arcosa, said, “This transaction is a powerful validation of the work we've done in recent years to grow in attractive markets, simplify our portfolio, reduce cyclicality and build a more resilient business focused on Construction Products and Engineered Structures. For our stockholders, this transaction crystalizes the value we have built. We are excited that CRH recognizes that value, and we are confident that their resources, scale, and expertise will provide attractive opportunities for our team members, for our customers and for the communities we serve.”
Strategic and Financial Benefits
Reinforces CRH as the #1 Infrastructure Player in North America: Arcosa brings 35mt of annual, high-quality, natural, and recycled aggregates, serving 13 of the 50 largest U.S. MSAs across Texas, New Jersey, Arizona, Florida, and Tennessee. This transaction reinforces our position as the leader in U.S. aggregates with over 265mt of combined annualized production. The Engineered Structures business has a top three market position, supported by infrastructure megatrends and demand relating to grid modernization, electrification, and data center construction. Highly Complementary with Existing Business, Advancing CRH's Connected Portfolio: Transaction aligns with CRH’s core strategy, enhancing CRH’s connected offering across aggregates, cementitious, and critical infrastructure. Provides aggregate exposure to fast-growing MSAs and expands capabilities, while widening the addressable market through deepened relationships and a shared customer base. Clear Financial Benefits and Value Creation Potential with $175 million of Run-Rate Cost Synergies Expected: Clear and actionable run-rate cost synergies of $175 million expected by year three across operational improvements, procurement and integration benefits of self-supply and SG&A savings. Leverages CRH’s proven ability to acquire and integrate at scale. Accretive1 to CRH’s Financial Profile: Transaction expected to be accretive1 to earnings, margin and cash flow in the first 12 months post-completion. Consistent with CRH’s Disciplined Approach to Capital Deployment & Aligned with Strategic Ambitions: Accelerates value-accretive capital deployment in infrastructure exposed to growing megatrends and fully aligned with CRH’s 2030 financial targets. Continued commitment to value-creating capital allocation, making best use of our $40 billion of anticipated financial capacity through 2030, and reinforcing CRH’s position as a leading compounder of capital. Maintain Commitment to Strong Investment Grade Credit Rating: Combined balance sheet, with pro forma FY 2026E Net Debt / Adjusted EBITDA2 of 2.4x. Transaction Details
The Boards of Directors of both companies have unanimously approved the transaction, which is expected to close in Q1 2027 subject to approval of Arcosa’s stockholders, regulatory approvals, and customary closing conditions. CRH intends to fund the transaction with available cash and committed debt financing.
Advisors
J.P. Morgan and Morgan Stanley are acting as financial advisors to CRH, and Kirkland & Ellis is serving as legal counsel. J.P. Morgan and Morgan Stanley are providing CRH with committed bridge financing for the transaction. Evercore and Goldman Sachs are serving as financial advisors to Arcosa, and Gibson Dunn and Baker Botts are serving as its legal counsel.
Conference Call & Webcast
Registrations for the conference call at 8:30 a.m. ET can be made at www.crh.com/investors. Upon registration a link to join the call and dial-in details will be made available. A replay of the webcast, accompanying slide presentation and a copy of this news release will be available online at www.crh.com/investors.
About CRH
CRH is the leading provider of building materials critical to modernizing infrastructure. With our team of 83,000 people across 4,000 locations, our unmatched scale, connected portfolio, and deep local relationships make us the partner of choice for transportation, water, and reindustrialization projects, shaping communities for a better tomorrow. CRH (NYSE: CRH) is a member of the S&P 500 Index. For more information, visit www.crh.com.
About Arcosa
Headquartered in Dallas, Texas, Arcosa is a provider of infrastructure-related products and solutions with leading positions in construction materials and engineered structures. Arcosa reports its financial results in two principal business segments: Construction Products and Engineered Structures. For more information, visit www.arcosa.com.
Forward-Looking Statements
This press release contains statements that are, or may be deemed to be, forward-looking statements with respect to the financial condition, results of operations, business, viability and future performance of CRH plc and certain of its plans and objectives, including statements regarding the proposed merger (the ‘Merger’) between CRH and Arcosa. These forward-looking statements may generally, but not always, be identified by the use of words such as “will”, “anticipates”, “should”, “could”, “would”, “targets”, “aims”, “may”, “continues”, “expects”, “is expected to”, “estimates”, “believes”, “intends” or similar expressions. These forward-looking statements include all matters that are not historical facts or matters of fact at the date of this press release.
In particular, the following, among other statements, are all forward-looking in nature: statements regarding the Merger, including the expected timing of the closing of the Merger; the anticipated benefits of the Merger, including expected synergies, accretion and financial impact; the anticipated financing of the Merger; CRH’s plans and expectations regarding the integration of Arcosa’s business and operations; plans and expectations regarding the impact of the Merger on CRH’s financial results, growth strategy and capital allocation; CRH’s expected financial performance following the completion of the Merger; and plans and expectations regarding market trends and dynamics in regions where CRH operates, including with respect to infrastructure megatrends and demand relating to grid modernization, electrification and data center construction.
By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that may or may not occur in the future and reflect CRH’s current expectations and assumptions as to such future events and circumstances that may not prove accurate. You are cautioned not to place undue reliance on any forward-looking statements. These forward-looking statements are made as of the date of this press release. CRH expressly disclaims any obligation or undertaking to publicly update or revise these forward-looking statements other than as required by applicable law.
A number of material factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, certain of which are beyond our control, and which include, but are not limited to: the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement; the failure to obtain the required approval of Arcosa’s stockholders; the failure to satisfy the other conditions to the completion of the Merger, including the receipt of required regulatory approvals; risks that the Merger disrupts CRH’s current plans and operations; the ability to recognize the anticipated benefits of the Merger; the amount of costs, fees, expenses and charges related to the Merger and the actual terms of the financing obtained in connection with the Merger; diversion of management’s attention from ongoing business operations and opportunities; potential litigation relating to the Merger; the effect of the announcement or pendency of the Merger on CRH’s and Arcosa’s business relationships, operating results and business generally; economic and financial conditions, including changes in interest rates, inflation, price volatility and/or labor and materials shortages; and the risks and uncertainties described under “Risk Factors” in Part I, Item 1A in CRH’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 as filed with the SEC and in CRH’s other filings with the SEC.
It should also be noted that projected financial information included in this press release is based on management’s estimates, assumptions and projections and has not been prepared in conformance with the applicable accounting requirements of Regulation S-X relating to pro forma financial information, and the required pro forma adjustments have not been applied and are not reflected therein. These measures are provided for illustrative purposes. None of this information should be considered in isolation from, or as a substitute for, the historical financial statements of CRH or Arcosa. Actual results may differ materially from the projected financial information included in this press release.
Non-GAAP Financial Measures
CRH uses a number of non-GAAP financial measures to monitor financial performance. These financial measures may not be uniformly defined by all companies and accordingly may not be directly comparable with similarly titled measures and disclosures by other companies. Certain information presented is derived from amounts calculated in accordance with U.S. GAAP but is not itself an expressly permitted GAAP measure.
Adjusted EBITDA is defined by CRH as earnings from continuing operations before interest, taxes, depreciation, depletion, amortization, loss on impairments, gain/loss on divestitures and investments, income/loss from equity method investments, substantial acquisition-related costs and pension expense/income excluding current service cost component. Net Debt comprises short and long-term debt, finance lease liabilities, cash and cash equivalents and current and noncurrent derivative financial instruments (net). The non-GAAP financial measures should not be viewed in isolation or as an alternative to the most directly comparable GAAP measure. This press release also includes forward-looking non-GAAP financial measures for which a reconciliation is not practicable without unreasonable effort, as CRH is unable to reasonably forecast certain amounts that are necessary for such reconciliation
Additional Information about the Proposed Merger and Where to Find It
In connection with the Merger, Arcosa expects to file a proxy statement, as well as other relevant materials, with the SEC. Following the filing of the definitive proxy statement with the SEC, Arcosa will mail the definitive proxy statement and a proxy card to each Arcosa stockholder entitled to vote at the special meeting relating to the Merger. This communication is not intended to be, and is not, a substitute for the proxy statement or any other document that Arcosa expects to file with the SEC in connection with the Merger. ARCOSA URGES INVESTORS TO READ THE PROXY STATEMENT AND THESE OTHER MATERIALS FILED WITH THE SEC (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT ARCOSA AND THE MERGER. Investors will be able to obtain free copies of the proxy statement (when available) and other documents that will be filed by Arcosa with the SEC at www.sec.gov, the SEC’s website, or from Arcosa’s website (www.arcosa.com). In addition, the proxy statement and other documents filed by Arcosa with the SEC (when available) may be obtained from Arcosa free of charge by directing a request to Investor Relations at www.arcosa.com.
Participants in the Solicitation
Arcosa, its directors and certain of its officers and employees, may be deemed to be participants in the solicitation of proxies from Arcosa stockholders in connection with the Merger. Information about Arcosa’s directors and executive officers is set forth in its definitive proxy statement for its 2026 annual meeting of stockholders filed with the SEC on March 31, 2026. To the extent the holdings of Arcosa securities by Arcosa directors and executive officers have changed since the amounts set forth in the proxy statement for its 2026 annual meeting of stockholders, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. These documents may be obtained free of charge at the SEC’s website at www.sec.gov and on the Investor Relations page of Arcosa’s website located at www.arcosa.com. Additional information regarding the interests of participants in the solicitation of proxies in connection with the Merger will be included in the proxy statement that Arcosa expects to file in connection with the Merger and other relevant materials Arcosa may file with the SEC.
No Offer or Solicitation
This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any proxy, vote or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Building materials provider CRH said on Monday it would acquire Arcosa in an all-cash deal valuing the infrastructure-related products provider at about $8.5 billion.
CRH CRH is experiencing a decline in stock value following its announcement of an all-cash agreement to acquire Arcosa ACA for approximately $8.5 billion. Investors are evaluating the strategic merits of the acquisition against its size, premium, financing requirements, and potential execution risks. While management believes this move will solidify CRH's position as a leading infrastructure player in North America, market reactions indicate caution regarding what would be CRH's largest acquisition to date.
Strategic Fit: The acquisition of ACA will enhance CRH’s U.S. aggregates-led platform, adding complementary assets in construction products, aggregates, asphalt, terminals, and engineered structures. This aligns closely with CRH’s core strategy, avoiding expansion into unrelated markets. Energy and Infrastructure Exposure: ACA’s involvement in energy transmission, utility infrastructure, grid modernization, renewables, electrification, and data-center power demand presents CRH with broader growth opportunities beyond conventional roads and commercial construction. Valuation and Premium: CRH is set to pay $150 per share for ACA, reflecting a roughly 10% premium over ACA’s previous closing price and about a 25% premium to its 60-day volume-weighted average price (VWAP). The deal values ACA at approximately 11.5 times its estimated 2026 adjusted EBITDA, making successful integration of synergies crucial to justify the investment. Synergies: CRH aims to achieve $175 million in annual run-rate cost synergies by the third year post-acquisition, focusing on areas such as procurement, logistics, operational efficiencies, and cross-selling. These savings are expected to support management’s assertion that the acquisition will enhance earnings, margins, and cash flow within the first year after closing. Financing and Risk: The transaction will be funded through available cash and committed debt financing, raising concerns about pro forma leverage, the pace of deleveraging, buyback flexibility, and future acquisition capacity. The deal is anticipated to close in Q1 2027, pending approval from ACA shareholders and regulatory bodies.The key takeaway is that CRH is leveraging its balance sheet to strengthen its U.S. infrastructure platform while branching into the rapidly growing energy transmission and grid-related sectors. Strategically, this acquisition appears sound as it adds scale and aligns with CRH’s connected-portfolio model. However, the stock's negative response suggests that investors are wary of the costs associated with this growth. As CRH pays a premium for an asset linked to appealing infrastructure themes, it is essential for management to demonstrate that the acquisition will deliver the anticipated synergies and return on investment. Future disclosures regarding financing, leverage targets, integration progress, and synergy realization will be critical in assessing whether this deal is a prudent strategic expansion or a costly move at a cyclical peak.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Key Takeaways CRH's proposed $8.5B Arcosa buyout could deepen its exposure to key infrastructure markets.Arcosa adds 109 quarries and yards, nine asphalt plants and 35M tons of annual aggregates shipments.CRH expects the deal to lift earnings, margins and cash flow within the first 12 months after closing. CRH plc. (CRH - Free Report) has long been one of the largest beneficiaries of North America's infrastructure spending cycle. Now, its proposed $8.5 billion acquisition of Arcosa (ACA - Free Report) could significantly strengthen that position. The all-cash deal would expand CRH's aggregates footprint, deepen its exposure to critical infrastructure markets and further reinforce its strategy of building a connected, infrastructure-focused portfolio. Upon completion, the acquisition would mark one of CRH's largest capital allocation moves and could become an important long-term growth driver.
Arcosa Strengthens CRH's Infrastructure PlatformArcosa brings a high-quality portfolio of infrastructure assets that fit closely with CRH's existing operations. The acquisition adds 109 quarries and yards, nine asphalt plants, 19 terminals and roughly 35 million tons of annual aggregates shipments, strengthening CRH's leadership in the U.S. aggregates market. It also expands CRH's presence across several fast-growing metropolitan markets, including Texas, Arizona, Florida, New Jersey and Tennessee. Beyond construction materials, Arcosa's Engineered Structures business provides additional exposure to high-growth themes such as grid modernization, electrification and AI-driven data center construction. These businesses complement CRH's existing transportation, water and reindustrialization platforms.
Financial Benefits Could Support Long-Term Growth for CRHCRH management expects the transaction to be accretive to earnings, margins and cash flow within the first 12 months after closing. CRH also projects approximately $175 million of annual run-rate cost synergies by the third year, driven by procurement efficiencies, operational improvements, self-supply benefits and lower administrative costs. Even after funding the acquisition, the company expects pro forma net debt-to-adjusted EBITDA of approximately 2.4x, allowing it to maintain a strong investment-grade balance sheet while continuing its disciplined capital allocation strategy.
CRH's Fundamentals Remain StrongThe acquisition builds on an already solid operating backdrop. In first-quarter 2026, CRH reported 9% revenue growth to $7.4 billion, while adjusted EBITDA increased 18% to $586 million, supported by disciplined pricing, acquisitions and improving operating efficiency. Adjusted EBITDA margin expanded 70 basis points, and management reaffirmed its full-year 2026 adjusted EBITDA guidance of $8.1-$8.5 billion, reflecting confidence in infrastructure demand despite macroeconomic uncertainty. Management also continues to see favorable trends in transportation, water infrastructure and reindustrialization spending.
Overall, the Arcosa acquisition appears to be more than just another bolt-on deal. It expands CRH's leadership in aggregates, increases exposure to attractive long-term infrastructure markets and offers meaningful synergy potential. While regulatory approvals and successful integration remain key execution risks, the transaction has the characteristics of a strategic acquisition that could enhance CRH's growth profile for years to come.
CRH's Price PerformanceCRH shares have lost 10.8% year to date (YTD), underperforming its industry, broader Construction sector and the Zacks S&P 500 Composite, as shown below.
CRH Price Performance (YTD)
Image Source: Zacks Investment Research
From a valuation standpoint, CRH trades at a forward price-to-earnings (P/E) multiple of 17.69, below the industry’s average, as shown below.
CRH Valuation (P/E F12M)
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for CRH’s 2026 and 2027 earnings per share (EPS) implies a year-over-year increase of 6.3% and 13.2%, respectively.
Zacks Rank & Key PicksCRH currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks from the Construction sector are Sterling Infrastructure, Inc. (STRL - Free Report) , Argan (AGX - Free Report) and Comfort Systems USA (FIX - Free Report) .
Sterling presently has a Zacks Rank #1 (Strong Buy). The company delivered a trailing four-quarter earnings surprise of 29.1%, on average. The stock has surged 204.6% YTD. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Sterling’s 2026 sales indicates an increase of 59.2%, and the same for earnings implies an increase of 77.5% year over year.
Argan currently flaunts a Zacks Rank #1. The company delivered a trailing four-quarter earnings surprise of 40.5%, on average.
AGX stock has gained 152.2% YTD. The consensus estimate for AGX’s 2026 sales and EPS implies an increase of 38% and 29.4%, respectively, from a year ago.
Comfort Systems currently sports a Zacks Rank #1. The company delivered a trailing four-quarter earnings surprise of 39.3%, on average.
FIX stock has surged 121.5% YTD. The Zacks Consensus Estimate for FIX’s 2026 sales and EPS implies an increase of 30.5% and 49.2%, respectively, from a year ago.
On June 24, 2026, we delve into the DCF analysis for CRH PLC CRH , a company currently trading at $110.28. The stock has experienced a mixed performance recently, with a year-to-date decline of 11.0% but a one-year increase of 24.4%. Below are some key points regarding CRH's valuation:
DCF Earnings-based intrinsic value is $148.10 compared to the current price, indicating a margin of safety of 32.3%. DCF Free Cash Flow (FCF)-based intrinsic value is $83.75, suggesting a second opinion of modest overvaluation. GF Score™ of 86/100 indicates a strong reliability of the DCF inputs. What Is CRH Worth? DCF Earnings-Based Model The DCF earnings-based model for CRH utilizes a two-stage approach to estimate the intrinsic value of the stock. The first stage considers a high growth rate over the initial ten years, while the second stage reflects a more stable growth rate thereafter. Below is a summary of the key assumptions used in this model:
Parameter Value Current EPS (TTM, excl. non-recurring) $5.31 10-Year Growth Rate 18.3% 10-Year Treasury Rate 4.49% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% The first stage, or Growth Phase, anticipates that EPS will grow at 18.3% per year for the next ten years, discounted at a rate of 11%. The calculated value for this stage is $76.67 per share. In the second stage, or Terminal Phase, the growth rate slows to a terminal rate of 4% for the subsequent ten years, also discounted at 11%, yielding a value of $71.43 per share. The following table summarizes these calculations:
Stage Description Value Growth Stage (Years 1-10) EPS growing at 18.3%, discounted at 11% $76.67 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $71.43 Intrinsic Value Growth + Terminal $148.10 When comparing the current price of $110.28 to the intrinsic value of $148.10, we find that CRH is significantly undervalued, with a margin of safety of 32.3%. It is important to note that GuruFocus uses EPS excluding non-recurring items, as research shows that stock prices correlate more closely with earnings than with free cash flow. For a detailed breakdown, you can visit the CRH DCF Calculator.
What Does the Free Cash Flow DCF Say? The Free Cash Flow (FCF)-based intrinsic value for CRH is calculated at $83.75. This valuation contrasts with the earnings-based intrinsic value of $148.10, indicating a divergence in perspectives. The FCF model suggests that CRH is modestly overvalued, with a margin of safety of -31.7%.
How Does GF Value™ Compare to the DCF Models? The GF Value™ for CRH stands at $104.59, providing a third perspective on the company's valuation. GF Value™ is GuruFocus' proprietary measure derived from historical trading multiples, past business growth, and future performance estimates. Comparing all three models, we see that the earnings-based DCF suggests undervaluation, while the FCF-based model indicates overvaluation, and GF Value™ suggests a slight overvaluation. For more insights, visit the GF Value™ page.
What Does CRH's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been shown to generate higher long-term returns based on backtested data from 2006 to 2021.
Metric Rating GF Score™ 86/100 Financial Strength 5/10 Profitability 8/10 Growth 8/10 Valuation 7/10 Momentum 7/10 With a predictability rank of 0/5 stars, it is crucial to note that higher predictability ratings generally lead to more reliable DCF estimates for stocks. For further details, check the CRH stock page.
Key Assumptions and Limitations It is important to recognize that DCF models are highly sensitive to the assumptions made regarding growth rates and discount rates. Stocks with low predictability ratings, such as CRH's 0/5 stars, tend to produce less reliable DCF estimates. Additionally, the terminal growth rate of 4% is a simplifying assumption that may not fully capture future market conditions.
What This Means for Investors In conclusion, the three valuation models present a mixed picture for CRH. The DCF earnings model suggests the stock is significantly undervalued, while the FCF model indicates modest overvaluation, and the GF Value™ provides a slightly overvalued perspective. Overall, CRH appears to be undervalued based on the earnings-based DCF model, but investors should exercise caution given the discrepancies among the models. For the full DCF analysis, visit the CRH DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.
Frequently Asked Questions What is CRH's intrinsic value based on DCF?
Answer: earnings-based $162.81, FCF-based $83.75
Is CRH overvalued or undervalued?
Answer: Based on the DCF earnings model, CRH is undervalued, while the FCF model suggests it is overvalued. GF Value™ indicates slight overvaluation.
How reliable is the DCF model for CRH?
Answer: The DCF model's reliability is limited due to CRH's predictability rank of 0/5 stars.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
