Shares of optical and photonics suppliers are tumbling at midday Tuesday, with Applied Optoelectronics (NASDAQ:AAOI) stock leading the decline, down 13% to $149. Coherent (NYSE:COHR | COHR Price Prediction) stock is off 9% to $387, while Lumentum (NASDAQ:LITE) stock has slipped 8% to around $825.
The selloff is sharp, but it arrives without a fresh company-specific catalyst from Applied Optoelectronics, Coherent, or Lumentum. The pressure instead traces back to a broad, Korean-led chip and AI rout that is rippling through optical interconnect suppliers tied to data-center buildouts.
For context, the VanEck Semiconductor ETF (NASDAQ:SMH) is down 6% today, and NVIDIA (NASDAQ:NVDA) stock is off 3%. The CBOE Volatility Index or VIX sits at 17.28, which is still inside the normal range. That detail suggests today’s optics drawdown looks more sector-specific than panic-driven.
A Korean-Led Chip and AI Selloff Is the Trigger The immediate catalyst is a broad-market move, not anything stock-specific to Applied Optoelectronics, Coherent, or Lumentum. A South Korean tech implosion, with SK Hynix overtaking Samsung as Korea’s most valuable company and the KOSPI down 10%, is dragging semiconductors and AI-linked names lower around the globe.
Optical transceiver and laser makers are highly correlated to hyperscaler capex plans, so wobbles in the AI infrastructure trade tend to hit them harder than the average chip name. Lumentum and Coherent both carry heavy datacom exposure, and Applied Optoelectronics has become a near-pure AI optics play as 800G transceiver shipments ramp at its Houston facility.
Recent fundamentals have actually been strong across the group. Coherent’s most recent quarter delivered revenue of $1.8 billion, up 21% year over year, while Lumentum’s most recently reported quarter posted revenue up 90% year over year. Applied Optoelectronics reported revenue of $151 million, up 51% year over year, though that figure missed consensus estimates.
Stretched Multiples After Enormous YTD Runs Here is where the headline’s question gets interesting. Lumentum’s trailing-12-month P/E ratio is 146x and Coherent’s is 189x. Applied Optoelectronics has no trailing-12-month P/E ratio listed because the company is not currently profitable.
Moreover, the year-to-date (YTD) moves of these stocks have been extraordinary. Applied Optoelectronics stock is up 336% YTD, Lumentum stock is up 126% YTD, and Coherent stock is up 113% YTD. Analyst price targets remain well above current prices, with consensus near $1,111.29 on Lumentum and $384.45 on Coherent.
The bear case is straightforward. At these multiples (or in Applied Optoelectronics’ case, no earnings multiple at all), there’s very little room for disappointment, and momentum-driven names tend to unwind quickly when sentiment shifts. A single bad macro tape can compress multiples faster than the fundamentals can catch up.
However, the bull case is also legitimate. AI data-center demand for 800G and 1.6T interconnects is real, hyperscaler order books look healthy, and rich multiples can reflect rich growth runways when 800G volumes scale. One sharp drawdown inside a broad selloff doesn’t, on its own, confirm a valuation top in Applied Optoelectronics, Coherent, or Lumentum shares.
What Investors Can Watch Next Investors can watch for whether Applied Optoelectronics, Coherent, and Lumentum shares stabilize near prior breakout levels into the close. A clean bounce could suggest that today’s selling is exhausted, while a weak close would extend the debate over whether the optics trade has gotten too crowded.
The read-through to other AI optics and networking suppliers matters too, since correlated moves often clarify whether sentiment is shifting at the sector level rather than the single-stock level. Forward guidance updates and analyst notes in the wake of today’s action could shape the next share-price moves for Applied Optoelectronics, Coherent, and Lumentum.
For now, the takeaway is that today’s drop is real but not yet a verdict on a full valuation reckoning. Investors holding Applied Optoelectronics, Coherent, or Lumentum shares may want to size their positions carefully given the elevated volatility profile, while those still on the sidelines can use this stretch to study how each company’s fundamentals stack up against multiples that leave little margin for error.
, /PRNewswire/ -- Yorkville America Equities LLC, the sponsor and investment adviser for the Truth Social Funds, today announced the official relaunch of the Truth Social God Bless America ETF (Ticker: YALL). The fund is the first actively managed fund in the suite.
The relaunch marks a strategic expansion of the Truth Social Funds suite, which is part of the Truth.Fi fintech brand from Trump Media & Technology Group Corp. (Nasdaq: DJT). While the fund has been rebranded, the core philosophy remains steadfast: the fund is built on a fundamental belief in American strength, values, and opportunity. The Truth Social God Bless America ETF continues to be managed by its founder, Adam Curran of Curran Financial Partners, ensuring complete continuity for existing and new shareholders and maintaining the America-First investment thesis that has guided the fund since its inception.
As the active management complement to the Truth Social Funds' index-tracking suite, YALL provides a seasoned, actively managed investment strategy with an established operating history for investing in companies that align with national priorities and domestic economic leadership.
"We are proud to welcome the God Bless America ETF into the Truth Social Funds family," said Steve Neamtz, CEO, Yorkville America Equities. "Adam Curran's America-First approach and proven track record align completely with our values and objectives for this platform."
"I'm incredibly proud to see the God Bless America ETF enter its next chapter with Yorkville America and the Truth Social Funds family," said Adam Curran, Portfolio Manager and Founder, Curran Financial Partners. "This fund was built on a belief in American strength, values, and opportunity — and it's exciting to align with partners who share and are expanding that vision."
Fund Details at a Glance:
Ticker: YALL
Listing Exchange: NYSE Arca
Expense Ratio: 0.65%
Distribution Frequency: Annual
Management Style: Active
About Yorkville America
Yorkville America is a Florida-based asset management firm, specializes in providing branded investment products centered around America First themed businesses. With extensive knowledge of capital markets and the securities industry, Yorkville America caters to the specific needs of its clients by offering tailored investment products. For more information, visit www.yorkvilleamerica.com.
About Yorkville America Equities
Yorkville America Equities LLC is a registered investment adviser focused on developing America First strategies. The firm seeks to deliver client-focused solutions that support U.S.-based companies aligned with national priorities. The firm only transacts business in states where it is properly notice filed or is excluded or exempted from registration requirements. Additional Important Disclosures may be found in our Form ADV Part 2A, which can be found at https://adviserinfo.sec.gov/firm/summary/336431.
About Trump Media & Technology Group
The mission of Trump Media is to end Big Tech's assault on free speech by opening the Internet and giving people their voices back. Trump Media operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations; Truth+, a TV streaming platform focusing on family-friendly live TV channels and on-demand content; and Truth.Fi, a financial services and FinTech brand incorporating America First investment vehicles.
About Truth Social Funds
The Truth Social Funds are a newly launched suite of America First-themed exchange-traded funds (ETFs) designed to provide investors with exposure to U.S.-focused innovation, energy independence, national security, and domestic economic leadership. The ETFs are sponsored by Truth Social Funds and are advised by Yorkville America Equities. Learn more at www.truthsocialfunds.com.
About Curran Financial Partners
Curran Financial Partners is an independent, South Carolina-based financial services firm concentrating in comprehensive retirement and wealth planning for individuals and families. With experience in investment management, tax strategy, estate planning, and risk management, Curran Financial Partners delivers integrated financial solutions designed to help clients pursue long-term confidence and financial clarity. For more information, visit curranfinancialpartners.com.
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Disclaimer
Management Risk. The Fund is actively managed and may not meet its investment objective based on Curran's success or failure in implementing investment strategies for the Fund. Curran's investment approach relies on the accuracy of information from various sources (e.g., social media), which information may prove to be incorrect or incomplete. As a result, any decisions made in reliance thereon expose the Fund to potential risks that, in turn, may negatively impact the Fund's performance.
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PINE Distributors LLC is the distributor of Truth Social ETFs. Yorkville America Equities LLC is the investment adviser of the Truth Social ETFs and Tuttle Capital Management, LLC serves as the sub-adviser of the Truth Social ETFs. PINE Distributors LLC is not affiliated with Yorkville America Equities LLC, Tuttle Capital Management, LLC, Curran Financial Partners, and Trump Media & Technology Group. YRKVL-5485464-06/26
Smith & Wesson Brands, Inc. is upgraded to Buy on strong FY26 results and a compelling 12% FCF yield. Handgun sales drove over 10% revenue growth to $523m, with robust brand strength enabling price increases without demand impact. SWBI repaid $60m in debt, reducing notes payable to $19m, and is positioned to return significant FCF to shareholders via dividends and buybacks.
Atlanta, Ga., June 22, 2026 (GLOBE NEWSWIRE) -- Outdoor Holding Company (Nasdaq: POWW, POWWP) (“OHC,” “we,” “us,” “our” or the “Company”), the owner of GunBroker.com, the largest online marketplace dedicated to firearms, hunting, shooting, and related products, today reported its financial results for its fourth fiscal quarter and year ended March 31, 2026.
Fourth Quarter Fiscal 2026 vs. Fourth Quarter Fiscal 2025
Revenue increased 10.1% to $13.9 million from $12.6 millionGross profit rose to $12.2 million from $11.0 millionGross profit margin increased slightly to 87.6% from 87.5%Operating expenses decreased to $15.1 million from $38.0 millionLoss from continuing operations of $(2.7) million, compared to last year’s loss from continuing operations of $(27.0) millionNet loss attributable to common shareholders of $(1.5) million improved from $(78.3) millionAdjusted EBITDA (1) increased to $7.7 million compared to $2.9 million in the same period last yearGrew gross merchandise value (“GMV”) 11.8% year-over-year to approximately $229 million from approximately $205 million Fiscal 2026 vs. Fiscal 2025
Net revenues increased 3.5% over the year to $51.1 million from $49.4 millionGross profit rose to $44.6 million from $42.9 millionGross profit margin on the year increased to 87.2% from 86.9%Operating expenses decreased to $50.9 million from $102.6 millionLoss from continuing operations of $(4.9) million, compared to last year’s loss from continuing operations of $(65.2) millionNet loss attributable to common shareholders of $(6.6) million improved from $(133.9) millionAdjusted EBITDA(1) increased to $22.3 million compared to $15.3 million in the prior fiscal year Operational Highlights
Positive cash flow from operations for the fiscal yearOverhauled and strengthened financial reporting infrastructure and successfully remediated all previously identified material weaknesses in internal controls over financial reportingBegan executing on the Company’s stock repurchase program, purchasing a little over 500,000 shares for over $1 million during the fourth quarterContinued cost-reduction initiatives, reducing ordinary-course operating expenses by approximately $5.4 million, including reductions in headcount, legal spend and facilities costs, while maintaining investment in core platform initiativesCompleted the integration with MasterFFL to streamline the transfer of products subject to federal firearms license (“FFL”) regulationsResolved significant legacy legal matters, including the $4.4 million payment to settle the Digital Cash Processing (“DCP”) matter, to avoid additional litigation and trial costsContinued to invest in platform enhancements and AI initiatives, including hiring a Director of AI Strategy, deploying an AI-powered listing tool in March, and continuing to identify additional areas of investment to improve customer experience (1) Adjusted EBITDA is a non-GAAP financial measure. See the discussion and the reconciliations at the end of this release for additional information.
“Our fiscal fourth quarter capped a year of remarkable improvement across the organization,” said Steve Urvan, Chairman and CEO of Outdoor Holding Company. “We sustained operating momentum, grew profitability, and continued to generate positive cash flow by reducing costs, resolving legacy matters, and investing in GunBroker.com platform features. We continue to deliver consistent profitability and balance-sheet strength. Adjusted EBITDA improved sequentially each quarter throughout the year. Our quarterly annualized EBITDA run-rate in both the third and fourth fiscal quarters exceeded the $25 million run-rate target I set last August, well ahead of schedule. Fiscal 2026 demonstrated the strength of our asset-light operating model, and we believe the actions taken and investments made over the past several quarters have positioned the Company for continued operating efficiency, improved profitability and long-term shareholder value creation in fiscal 2027 and beyond.”
The Company delivered improved financial and operational performance in the fourth quarter of fiscal 2026. Year over year, net revenues increased 10% to $13.9 million. Total operating expenses declined $22.9 million, underscoring the impact of resolved legal disputes and continued cost discipline while recurring, ordinary-course operating expenses declined approximately $5.4 million, driven primarily by reductions in headcount, legal spend, and facilities costs. The Company maintained a strong gross margin of 87.6% while continuing to make strategic investments in the platform. Adjusted EBITDA increased to $7.7 million compared to $2.9 million in the same period last year.
GunBroker.com delivered solid performance during the fourth fiscal quarter, reflecting continued engagement from both buyers and sellers and the benefits of recent platform investments.
●Firearm unit sales increased over 8.7% year-over-year, outpacing the 1.6% increase in adjusted NICS checks and reflecting a 40 basis point increase in the Company's share of adjusted NICS ●Total GMV for the quarter increased 10.1% year-over-year to approximately $229 million ●Take rate (net revenue as a percentage of GMV) remained relatively stable at a little over 6% ●Average order value grew by 6.5% During the quarter, the Company continued to introduce platform enhancements designed to improve marketplace efficiency and user experience. These updates included improved search relevance and filtering, expanded seller analytics and promotional capabilities, and refined buyer personalization algorithms. The Company also completed its integration with MasterFFL to streamline the transfer of products subject to FFL regulations, and deployed an AI-powered listing tool to generate standardized, marketplace-optimized product descriptions to increase conversion rates and maintain compliance. The Company continues to explore ways to reduce transaction friction and improve the experience for buyers and sellers alike.
Balance Sheet and Liquidity
The Company ended the quarter and fiscal year with $68.1 million in cash and cash equivalents, a substantial increase from $30.2 million at the end of fiscal 2025. Even after funding the $4.4 million DCP settlement, effecting $1 million of share repurchases, and incurring other legal expenses, the cash balance at the end of the quarter only declined $1.8 million. The strengthened balance sheet and liquidity position provide significant flexibility to support ongoing platform investments, pursue selective strategic opportunities, and return value to shareholders through the share repurchase program. With reduced leverage, lower fixed costs, and more consistent profitability, the Company is well-positioned to fund organic growth initiatives while maintaining a disciplined approach to capital allocation and shareholder value creation.
Strategy and Key Initiatives
The Company's post-divestiture strategy is focused on driving sustainable growth through operational efficiency and continuous platform innovation. Key initiatives for fiscal 2027 include expanding premium seller offerings, enhancing pricing, promotional tools and data analytics, implementing universal payments, and improving buyer engagement. Management intends to harness the power of AI and leverage the capital allocation flexibility achieved by disciplined cost management to help deliver on these initiatives, in an effort to position the Company to capture incremental market share and deliver durable profitability over time.
Discontinued Operations
As previously disclosed, in April 2025, the Company completed the sale of all assets of its business of designing, manufacturing, marketing, distributing and selling ammunition and ammunition components, along with certain related assets and liabilities (the “Transaction”), which previously comprised the Company’s Ammunition segment. Following the Transaction, the Company continues to operate its online e-commerce marketplace business GunBroker.com.
For the purposes of this earnings release and the financial information provided herein, the results of the Ammunition segment are presented as discontinued operations in the consolidated statements of operations for all periods presented. Prior periods have been adjusted to conform to the current presentation. The assets and liabilities of the Ammunition segment have been reflected as assets and liabilities of discontinued operations in the consolidated balance sheets for all periods presented.
Conference Call
Management will host a conference call at 9:00 AM ET on June 22, 2026 to review financial results and provide an update on corporate developments. Following management’s formal remarks there will be a question-and-answer session.
The conference call will primarily be available through a live webcast at the following link: https://events.q4inc.com/attendee/339194298, which is also available through the Company’s website. The recording of the webcast will be posted on the Company’s website after the call is completed.
Those without internet access may dial in by calling (855) 761-5600 (domestic) or 1(646) 307-1097 (international). Please join at least 5-10 minutes prior to the scheduled start and follow the operator’s instructions. When requested, please ask for the “Outdoor Holding Company Conference Call” or reference Conference ID #: 2981188.
About Outdoor Holding Company
Outdoor Holding Company is the publicly traded parent and operator of GunBroker.com, the largest online marketplace dedicated to firearms, hunting, shooting and related products. Third-party sellers list items on the site and federal and state laws govern the sale of firearms and other restricted items. Ownership policies and regulations are followed by using licensed firearms dealers as transfer agents. Launched in 1999, the GunBroker.com website is an informative, secure and safe way to buy and sell firearms, ammunition, shooting accessories and outdoor gear online. GunBroker promotes responsible ownership of guns and firearms. For more information, visit: www.gunbroker.com.
Statements contained or incorporated by reference in this press release that are not historical are considered “forward-looking statements” within the meaning of the federal securities laws and are presented pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “target,” “believe,” “expect,” “will,” “may,” “anticipate,” “estimate,” “would,” “positioned,” “future,” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, among others, statements about the Company’s ability to unlock post-divestiture efficiencies, the Company’s expected legal and other professional services expenses, the Company’s business strategy, plans, objectives, expectations and intentions, the Company’s anticipated future operating results and operating expenses, cash flow, capital resources, dividends and liquidity, the Company’s future expansion or growth plans and potential for future growth, including its plan to expand its e-commerce platform, the Company’s ability to attract new customers, the Company’s ongoing evaluation of strategic opportunities, and other statements that are not historical facts. Instead, they are based only on Company management’s current beliefs, expectations and assumptions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. Important factors that could cause actual results to differ materially from those described in forward-looking statements include, but are not limited to, the Company’s ability to maintain and expand its e-commerce business, the Company’s ability to introduce new features on its e-commerce platform that match consumer preferences, the Company’s ability to retain and grow its customer base, the impact of lawsuits, including securities class action lawsuits, stockholder derivative suits and enforcement actions by regulatory authorities, the impact of adverse economic market conditions, including from social and political factors, and the occurrence of any other event, change or other circumstances that could give rise to impacts on operating results. Therefore, investors should not rely on any of these forward-looking statements and should review the risks and uncertainties described under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended March 31, 2026, filed with the Securities and Exchange Commission (“SEC”) on June 22, 2026, and additional disclosures the Company makes in its other filings with the SEC, which are available on the SEC’s website at www.sec.gov. Forward-looking statements are made as of the date of this press release, and except as required by law, the Company expressly disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Contacts
For investors:
Darrow Associates
Phone: (917) 886-9071 [email protected]
Source: Outdoor Holding Company
OUTDOOR HOLDING COMPANY
NON-GAAP FINANCIAL MEASURES (Unaudited)
To supplement the Company’s financial information presented in accordance with generally accepted accounting principles in the United States (“GAAP”), we present a non-GAAP financial measure in this press release, Adjusted EBITDA. We analyze operational and financial data to evaluate our business, allocate our resources, and assess our performance. In addition to total net sales, net loss, and other results under GAAP, the following information includes key operating metrics and non-GAAP financial measures that we use to evaluate our business. We believe that these measures are useful for period-to-period comparisons of the Company’s performance. We have included these non-GAAP financial measures in this press release because they are key measures management uses to evaluate our operational performance, produce future strategies for our operations, and make strategic decisions, including those relating to operating expenses and the allocation of our resources. Accordingly, we believe that these measures provide useful information to investors and others in understanding and evaluating our operating results in the same manner as our management and Board of Directors. The Adjusted EBITDA reconciliation presented below begins with loss from continuing operations, which the Company believes is the most directly comparable GAAP financial measure. This reconciliation is consistent with the presentation in the Company’s first and second quarter fiscal 2026 earnings releases. In the third quarter fiscal 2026 earnings release, the Company presented the reconciliation beginning with net loss before discontinued operations and included the preferred stock dividend as a reconciling item. The Company has reverted to the prior presentation for clarity and consistency, as the preferred stock dividend does not impact Adjusted EBITDA under any period’s calculation. The definition of Adjusted EBITDA has not changed.
Adjusted EBITDA
For the Three Months Ended March 31, For the Year Ended March 31, 2026 2025 2026 2025 Reconciliation of GAAP net loss from continuing operations to Adjusted EBITDA Net loss from continuing operations $(2,717,977) $(26,961,518) $(4,945,592) $(65,221,463)Provision for income taxes 49,537 317,891 49,537 6,286,305 Depreciation and amortization 3,677,479 3,457,661 14,396,813 13,589,698 Interest expense, net 245,865 (54,229) 1,769,656 82,173 Stock based compensation 249,806 811,070 1,507,266 4,474,516 Other income (expense), net (531,992) (243,503) (2,364,142) (860,293)Acquisition and divestitures — 1,194,763 108,748 1,493,069 Special Committee Investigation and restatement (20,000) 3,090,806 1,517,158 8,639,147 SEC Investigation 1,247,379 1,629,455 74,782 9,923,892 Delaware Litigation legal and professional fees — 1,609,575 1,641,915 4,480,193 Delaware Litigation settlement contingency — 18,076,226 — 29,067,229 Corporate restructuring costs 903,884 — 2,995,460 — Gain on extinguishment of debt — — (801,894) — Other nonrecurring expenses¹ 4,600,000 — 6,350,000 3,298,399 Adjusted EBITDA $7,703,981 $2,928,197 $22,299,707 $15,252,865 1For the three months ended March 31, 2026, other nonrecurring expenses consisted of $4.4 a million settlement to DCP and a $0.2 million settlement contingency with a separate vendor as part of the sale of our ammunition manufacturing business. For the year ended March 31, 2026, other nonrecurring expenses consisted of a $4.4 million settlement to DCP, a $1.75 million settlement with a vendor as part of our sale of the ammunition manufacturing business and a $0.2 million settlement contingency with a separate vendor as part of the sale of our ammunition manufacturing business. For the year ended March 31, 2025, other nonrecurring expenses consisted of a $3.2 million expense related to the previously disclosed settlement with Triton Value Partners, LLC. Adjusted EBITDA is a non-GAAP financial measure that displays our net loss from continuing operations (the most directly comparable financial measure prepared in accordance with GAAP), adjusted to eliminate the effect of certain items described below. We defined Adjusted EBITDA as net income (loss) from continuing operations excluding (i) provision or benefit for income taxes, (ii) depreciation and amortization, (iii) interest expense, (iv) stock-based compensation expenses relating to stock awards and common stock purchase options, (v) interest and other income, (vi) expenses related to acquisition and divestitures, (vii) gain on extinguishment of debt, (viii) professional service and legal fees related to an investigation conducted by a special committee of the Board of Directors (the “Special Committee Investigation”), an investigation by the SEC (“the SEC Investigation”) and the now-settled lawsuit related to the GunBroker acquisition (the “Delaware Litigation”) and (ix) other nonrecurring expenses, such as contingencies associated with litigation or settlements and corporate restructuring costs related to headcount reductions, severance, and expense consolidation.
We believe that it is useful to exclude these expenses because the amount of such expenses in any specific period may not directly correlate to the underlying performance of our business operations. Non-GAAP financial measures have limitations, should be considered as supplemental in nature and are not meant as a substitute for the related financial information prepared in accordance with GAAP. These limitations include the following:
stock-based compensation expense has been, and will continue to be for the foreseeable future, a significant recurring expense for the Company and an important part of our compensation strategy;the assets being depreciated or amortized may have to be replaced in the future, and the non-GAAP financial measures do not reflect cash capital expenditure requirements for such replacements or for new capital expenditures or other capital commitments;non-GAAP measures do not reflect changes in, or cash requirements for, our working capital needs; andother companies, including companies in our industry, may calculate their non-GAAP financial measures differently or not at all, which reduces their usefulness as comparative measures. Because of these limitations, you should consider the non-GAAP financial measures alongside other financial performance measures, including our net income (loss) from continuing operations and our other financial results presented in accordance with GAAP.
OUTDOOR HOLDING COMPANY
ADJUSTED EBITDA PER SHARE (Unaudited)
For the Three Months Ended March 31, For the Year Ended March 31, 2026 2025 2026 2025 (Unaudited) (Unaudited) (Unaudited) (Unaudited) Reconciliation of GAAP loss from continuing operations to Adjusted EBITDA Net loss from continuing operations $(0.02) $(0.23) $(0.04) $(0.55)Provision for income taxes 0.00 0.00 0.00 0.05 Depreciation and amortization 0.03 0.03 0.12 0.12 Interest expense, net 0.00 (0.00) 0.02 0.00 Stock based compensation 0.00 0.01 0.01 0.04 Other income (expense), net (0.00) (0.00) (0.02) (0.01)Acquisitions and divestitures — 0.01 0.00 0.01 Special Committee Investigation and restatement (0.00) 0.03 0.01 0.07 SEC Investigation 0.01 0.01 0.00 0.08 Delaware Litigation legal and professional fees — 0.01 0.01 0.04 Delaware Litigation settlement contingency — 0.16 — 0.25 Corporate restructuring costs 0.01 — 0.03 — Gain on extinguishment of debt — — (0.01) — Other nonrecurring expenses 0.04 — 0.05 0.03 Adjusted EBITDA $0.07 $0.03 $0.19 $0.13 Diluted Loss Per Share — Continuing Operations
For the Three Months Ended March 31, For the Year Ended March 31, 2026 2025 2026 2025 Total diluted loss before discontinued operations, net of tax $(0.03) $(0.24) $(0.06) $(0.58)Preferred stock dividend (0.01) (0.01) (0.02) (0.03)Total diluted loss from continuing operations $(0.02) $(0.23) $(0.04) $(0.55) Weighted Average Shares Outstanding
For the Three Months Ended March 31, For the Year Ended March 31, 2026 2025 2026 2025 Weighted average number of shares outstanding Basic 117,229,844 116,511,247 117,095,850 117,642,232 Diluted 117,229,844 116,511,247 117,095,850 117,642,232 OUTDOOR HOLDING COMPANY
CONSOLIDATED BALANCE SHEETS
March 31, 2026 March 31, 2025 ASSETS Current Assets: Cash and cash equivalents $68,103,395 $30,227,796 Accounts receivable, net of allowance for credit losses of $2,362,847 in 2026 and $3,805,488 in 2025 10,361,158 10,189,011 Prepaid expenses and other current assets 3,523,921 1,233,611 Current assets held for sale — 30,497,720 Total Current Assets 81,988,474 72,148,138 Property and equipment, net 6,927,868 6,477,684 Other Assets: Other noncurrent assets 465,247 83,278 Other intangible assets, net 86,890,053 98,891,767 Goodwill 90,870,094 90,870,094 Right of use assets - operating leases 342,034 1,466,026 Noncurrent assets held for sale — 27,392,642 TOTAL ASSETS $267,483,770 $297,329,629 LIABILITIES AND SHAREHOLDERS’ EQUITY Current Liabilities: Accounts payable $15,743,606 $18,079,577 Accrued liabilities 4,241,349 37,413,636 Current portion of operating lease liability 515,579 519,522 Note payable - related parties, current maturities 220,000 — Current liabilities held for sale — 6,080,182 Total Current Liabilities 20,720,534 62,092,917 Long-term Liabilities: Notes payable - related parties, net of $1,963,771 of debt discounts as of March 31, 2026 9,816,229 — Income tax payable — 1,609,520 Operating lease liability, net of current portion 616,904 1,035,813 Other noncurrent liabilities 1,375,000 — Noncurrent liabilities held for sale — 10,564,816 Total Liabilities 32,528,667 75,303,066 Contingencies (Note 14) Shareholders’ Equity: Series A cumulative perpetual preferred stock 8.75%, ($25.00 per share, $0.001 par value) 1,400,000 shares issued and outstanding as of March 31, 2026 and 2025 1,400 1,400 Common stock, $0.001 par value, 200,000,000 shares authorized 119,346,452 and 118,744,093 shares issued and 116,902,624 and 116,814,190 outstanding as of March 31, 2026 and 2025, respectively 116,905 116,816 Additional paid-in capital 454,877,083 434,335,782 Accumulated deficit (210,453,668) (203,862,034)Treasury stock, at cost (9,586,617) (8,565,401)Total Shareholders’ Equity 234,955,103 222,026,563 TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $267,483,770 $297,329,629 OUTDOOR HOLDING COMPANY
CONSOLIDATED STATEMENTS OF OPERATIONS
For the Three Months Ended March 31, For the Year Ended March 31, 2026 2025 2026 2025 Net revenues $13,889,393 $12,614,668 $51,125,398 $49,401,547 Cost of revenues 1,728,199 1,582,159 6,524,437 6,468,031 Gross Profit 12,161,194 11,032,509 44,600,961 42,933,516 Operating Expenses Selling and marketing 401,559 370,557 550,333 610,926 Corporate general and administrative 9,305,905 29,700,218 22,674,572 70,594,542 Employee salaries and related expenses 1,730,818 4,445,432 13,271,678 17,851,628 Depreciation and amortization expense 3,677,479 3,457,661 14,396,813 13,589,698 Total operating expenses 15,115,761 37,973,868 50,893,396 102,646,794 Loss from operations (2,954,567) (26,941,359) (6,292,435) (59,713,278) Other Income (Expense) Interest and other income 531,992 243,503 2,364,142 860,293 Gain on extinguishment of debt — — 801,894 — Interest expense (245,865) 54,229 (1,769,656) (82,173)Total other income, net 286,127 297,732 1,396,380 778,120 Loss before income taxes from continuing operations (2,668,440) (26,643,627) (4,896,055) (58,935,158) Provision for income taxes 49,537 317,891 49,537 6,286,305 Loss from continuing operations (2,717,977) (26,961,518) (4,945,592) (65,221,463) Preferred stock dividend (765,625) (765,625) (3,053,993) (3,105,036) Net loss before discontinued operations, net of tax (3,483,602) (27,727,143) (7,999,585) (68,326,499) Income (loss) from discontinued operations, net of tax 2,003,585 (50,555,212) 1,407,951 (65,612,137) Net loss attributable to common stock shareholders $(1,480,017) $(78,282,355) $(6,591,634) $(133,938,636) Basic income (loss) per share of common stock: Continuing operations $(0.03) $(0.24) $(0.06) $(0.58)Discontinued operations 0.02 (0.43) 0.01 (0.56)Total basic loss per share of common stock $(0.01) $(0.67) $(0.05) $(1.14) Diluted income (loss) per share of common stock: Continuing operations $(0.03) $(0.24) $(0.06) $(0.58)Discontinued operations 0.02 (0.43) 0.01 (0.56)Total diluted loss per share of common stock $(0.01) $(0.67) $(0.05) $(1.14) Weighted average number of shares outstanding: Basic 117,229,844 116,511,247 117,095,850 117,642,232 Diluted 117,229,844 116,511,247 117,095,850 117,642,232
Key Takeaways POWW narrowed its continuing operations loss as Q4 revenues rose and operating expenses fell sharply.Outdoor Holding says GunBroker gains include platform upgrades, MasterFFL revenues and new AI tools.POWW ended fiscal 2026 with $68.1M in cash and plans disciplined buybacks and platform investment. Outdoor Holding Company (POWW - Free Report) used its fourth-quarter call to argue that fiscal 2026 marked a reset year, with lower costs, stronger cash generation and a cleaner legal backdrop reshaping the GunBroker.com business.
Management’s message centered less on the quarter’s reported loss and more on the earnings power of a leaner marketplace model as platform upgrades, FFL-related services and AI tools move into fiscal 2027.
POWW Banks on a Leaner Cost BaseChairman and CEO Steven Urvan framed the quarter as proof that the company’s post-divestiture model can produce stronger profitability even in a cautious consumer environment. He said adjusted EBITDA rose sequentially through fiscal 2026 and that the fourth-quarter annualized run rate exceeded the $25 million target he set last August.
That argument rested heavily on expense control. The company reported a fourth-quarter loss of $0.03 per share, wider than the estimate of a loss of $0.02, delivering a negative surprise of 50%. Fourth-quarter revenues rose 10.1% to $13.9 million, which beat the consensus mark of $12.7 million by 9.4%. Meanwhile, total operating expenses fell to $15.1 million from $38 million a year earlier.
Chief financial officer Paul Kasowski added that fiscal 2026 adjusted EBITDA reached $22.3 million, up from $15.3 million in fiscal 2025, reflecting lower SG&A, lower legal expense and lower bad debt expense.
Outdoor Holding Pushes Platform UpgradesManagement tied much of its forward narrative to improving GunBroker’s marketplace economics rather than chasing broad expansion. Urvan and Kasowski pointed to better search and filtering, stronger seller analytics and promotional tools, and refined buyer personalization across the platform.
A key operational step was the integration with MasterFFL, which management said streamlines transfers for products subject to federal firearms license rules. Kasowski said that the effort moves from a cost center in earlier quarters to a revenue source in fiscal 2027, though the new revenue stream will carry lower profitability than the marketplace’s legacy margin profile.
The company is also leaning harder into AI. Urvan said an AI-powered listing tool launched in March to standardize descriptions and improve conversion, while an AI-driven virtual customer service offering is expected within about a month of the call.
POWW Sees Share Gains in FirearmsManagement used demand commentary to highlight market-share gains rather than broad market strength. In prepared remarks, Urvan said firearm unit sales increased more than 8.7% in the quarter, ahead of the 1.6% rise in adjusted NICS checks, while the company’s adjusted NICS share improved by 40 basis points.
Kasowski said fourth-quarter GMV climbed to $229 million, up 11.8% from a year earlier and 6.2% from the prior quarter, with firearms driving most of the increase. He also said sales growth in pistols and rifles supported results, though a greater mix of firearms modestly pressured the take rate to 6.06% from 6.15%.
In Q&A, Urvan told a ROTH Capital analyst that demand in the marketplace has remained better this year and that the company continues to outperform the market by making the buying and selling experience more seamless. He avoided previewing first-quarter numbers but sounded confident that share gains are continuing.
Outdoor Holding Clears Legacy IssuesAnother major theme was balance sheet flexibility after working through legacy matters. The company ended fiscal 2026 with $68.1 million in cash and cash equivalents, up sharply from $30.2 million a year earlier, even after a $4.4 million DCP settlement and more than $1 million of share repurchases in the fourth quarter.
Urvan said the company has now resolved most inherited litigation matters, leaving the Arizona class action and shareholder derivative litigation as the main open items. He told analysts that indemnification costs tied to former officers could remain uneven, but said management does not see more large settlements like the DCP payment on the horizon.
That cleanup matters because management wants greater freedom in capital allocation. Urvan said the company expects to keep buying back stock in a disciplined way while selectively investing in platform features that can lift traffic, transactions and revenue.
POWW Maps Out Fiscal 2027 PrioritiesThe fiscal 2027 agenda came through clearly in both the release and the call. Management identified premium seller offerings, pricing and promotional tools, data analytics, universal payments and broader buyer engagement as the main operating priorities for the year ahead.
In Q&A with Kanen Wealth Management, Urvan added more detail on potential growth levers. He said MasterFFL is now generating revenues, advertising remains underdeveloped compared with prior years, and universal payments could meaningfully reduce friction for customers who still rely on money orders rather than card transactions.
The tone was notably more assertive when management discussed scalability. Urvan and Kasowski argued that the marketplace’s operating base is now much more fixed, which means incremental revenues should convert into higher profitability more efficiently than in prior periods.
Outdoor Holding Leaves a Sharper MessageTaken together, management used the call to make a straightforward case: fiscal 2026 was about stabilizing the business, lowering the cost structure and restoring financial control, while fiscal 2027 is about monetizing that reset through product, payments and AI execution.
The company did not offer formal quarterly guidance on the call, but the emphasis on market-share gains, recurring cash flow and fewer legal distractions left investors with a clearer sense of management’s priorities and confidence level entering the new fiscal year.
POWW and the Zacks SignalsPOWW carries a Zacks Rank #3 (Hold), with a Value Score of F, Growth Score of B, Momentum Score of D and VGM Score of D, based on the provided Zacks data. A Zacks Rank #3 points to a more balanced near-term setup than the stronger Zacks Rank #1 (Strong Buy) or #2 (Buy) categories, while the Style Scores indicate better relative growth characteristics than value or momentum traits. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Style Score framework says higher grades are generally associated with better expected performance, and that the strongest combinations tend to be Rank #1 or #2 stocks paired with A or B Style Scores or VGM Scores. That leaves POWW with a mixed signal after the quarter, and that ranking can still change as earnings estimate revisions adjust following the latest results.
, /PRNewswire/ -- Atrium Therapeutics, Inc. (Nasdaq: RNA) (the "Company") today announced it awarded inducement grants on June 20, 2026 under the Company's 2026 Employment Inducement Incentive Award Plan (the "2026 Inducement Plan") as a material inducement to the employment of eight non-executive individuals newly hired by the Company.
The employees received, in the aggregate, non-qualified stock options to purchase 66,000 shares of the Company's common stock, par value $0.001 per share, with an exercise price of $12.66 per share, the closing price of the Company's common stock as reported by Nasdaq on the last date of trading preceding the effective date of the grant, 25% of which will vest and become exercisable on the first anniversary of the grant date, and the remaining underlying shares will vest in 36 substantially equal installments each month thereafter, subject to the employee's continued service with the Company through each applicable vesting date; and restricted stock units for an aggregate of 33,000 shares of the Company's common stock, 25% of which will vest in the first anniversary of the grant date, and the remaining underlying shares will vest in three substantially equal installments each year thereafter, subject to the employee's continued service with the Company through each applicable vesting date, or collectively, the "Awards."
All of the above-described Awards were granted outside of the Company's stockholder-approved equity incentive plans pursuant to the 2026 Inducement Plan, which was adopted by the Company's board of directors (the "Board") in April 2026. The Awards were approved by the Board's Human Capital Management Committee, which is comprised solely of independent directors, as a material inducement to the employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).
About Atrium Therapeutics, Inc.
Atrium Therapeutics, Inc. (Nasdaq: RNA) is pioneering targeted delivery of ribonucleic acid (RNA) therapeutics to the heart to transform the standard of care for people living with cardiomyopathies. The Company's proprietary technology - designed at Avidity Biosciences, Inc. - combines the tissue selectivity of monoclonal antibodies (mAbs) and other targeted delivery ligands with the precision of oligonucleotides. Atrium Therapeutics' platform is designed to selectively target the underlying drivers of genetically driven cardiac diseases through targeted, non-viral delivery of small interfering RNA (siRNA). This approach builds upon learnings from demonstrated delivery to the skeletal muscle and applies it for efficient delivery to the heart with the potential to overcome challenges associated with non-specific tissue delivery. The Company's pipeline consists of two precision cardiology candidates, ATR 1072 for PRKAG2 (Protein Kinase AMP-activated non-catalytic subunit Gamma 2) syndrome and ATR 1086 for PLN (phospholamban) cardiomyopathy, and two undisclosed research targets in rare cardiomyopathies.
For more information about our RNA delivery platform, development pipeline and people, please visit https://atriumtherapeutics.com/ and engage with us on LinkedIn.
Lead candidate BM-3103 (TolaSure® Gel™) now holds Fast Track, Orphan Drug, and Rare Pediatric Disease designations as BioMendics advances the TAMES-02 Phase 2 study (NCT07027345).
AKRON, Ohio--(BUSINESS WIRE)--BioMendics, LLC, a clinical-stage biotechnology company developing innovative therapies for rare genetic skin disorders, today announced that the U.S. Food and Drug Administration (FDA) has granted Fast Track Designation to BM-3103, formulated as TolaSure® Gel™, for the treatment of Epidermolysis Bullosa Simplex (EBS). The milestone comes as the company prepares to attend the BIO International Convention 2026 in San Diego (June 22–25).
Combined with our Orphan Drug and Rare Pediatric Disease designations, Fast Track positions BM-3103 for an accelerated development path.
Share The designation follows FDA review of the company's Fast Track request. In its notification to BioMendics, the Agency stated:
“We have reviewed your request and concluded that it meets the criteria for the Fast Track designation. Therefore, we are designating this product as a Fast Track product for epidermolysis bullosa simplex (EBS).”
Fast Track Designation is intended to facilitate development and expedite review of therapies that address serious conditions and unmet medical needs. Benefits include more frequent FDA interactions, enhanced opportunities for regulatory guidance, eligibility for Rolling Review, and potential qualification for Priority Review.
“This designation is a significant milestone for BioMendics and, more importantly, for the individuals and families living with Epidermolysis Bullosa Simplex,” said Karen McGuire, PhD, Chief Executive Officer of BioMendics. “Combined with our Orphan Drug and Rare Pediatric Disease designations, Fast Track positions BM-3103 for an accelerated development path. We look forward to sharing this progress at BIO 2026 as we continue to advance BM-3103 for patients with rare genetic skin disorders.”
Advancing the TAMES-02 Phase 2 Clinical Trial
BioMendics is conducting the TAMES-02 Phase 2 clinical trial (ClinicalTrials.gov NCT07027345), evaluating BM-3103 (TolaSure® Gel™) in patients with Epidermolysis Bullosa Simplex in collaboration with leading investigators at Northwestern University Feinberg School of Medicine and Stanford University School of Medicine.
“For individuals living with EBS, even modest improvements in blister burden, pain, itch and quality of life can be meaningful,” added Amy S. Paller, MD, MS. “The TAMES-02 study represents an important opportunity to further evaluate a potential therapeutic option for this patient population. We are encouraged by the continued progress of the program and its recognition by the FDA through Fast Track Designation.”
"Families affected by EBS face daily challenges that can profoundly impact quality of life," said Brett Kopelan, Executive Director of DEBRA of America. "The FDA's Fast Track Designation for BM-3103 highlights the importance of advancing promising investigational therapies and underscores the urgent need for innovation in rare genetic disorders that manifest in the skin."
BioMendics has also partnered with Sano Genetics to support patient engagement and recruitment for the TAMES-02 study through its Virtual Waiting Room platform. The platform enables patients and caregivers to learn about the study, assess potential eligibility, and stay informed about program progress and future participation opportunities.
About BioMendics
BioMendics is a clinical-stage biotechnology company focused on developing innovative therapies for rare genetic skin disorders. Its lead product candidate, BM-3103 formulated as TolaSure® Gel™, is being developed for Epidermolysis Bullosa Simplex and other rare dermatologic conditions.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements regarding clinical development, regulatory activities, manufacturing plans, strategic partnerships, commercialization opportunities, and the potential benefits of BM-3103 (TolaSure® Gel™). Actual results may differ materially from those expressed or implied due to risks and uncertainties associated with clinical development, regulatory review, funding, manufacturing, competition, intellectual property, strategic partnerships, and market conditions. Fast Track Designation, Orphan Drug Designation, and Rare Pediatric Disease Designation do not guarantee regulatory approval or commercial success. BioMendics undertakes no obligation to update forward-looking statements except as required by law.
Global pineapple producer, distributor and marketer offers fun facts and key insights into the fruit of the moment and its rise to icon status
CORAL GABLES, Fla.--(BUSINESS WIRE)--With International Pineapple Day fast approaching on June 27, the sweet, juicy and iconic fruit is having a moment. Del Monte Corporation, one of the world’s leading vertically integrated producers, distributors and marketers of fresh and shelf-stable produce and the inventor of the best-selling Del Monte Gold® pineapple, is honoring the fan-favorite fruit and the people behind its production by giving fans valuable insights into the pineapple and its cultural significance.
As summer heats up, pineapple continues to be the defining flavor of relaxation and getaway moments, appearing more frequently in drinks, dishes and global menus. Its tropical taste offers a bright, refreshing profile, and consumers are increasingly reaching for it to bring a sense of escape to everyday life. Globally, pineapple production has grown by nearly 43 percent, from around 21 million metric tons to nearly 30 million metric tons—an expansion driven by improved practices across framing, trade infrastructure and global logistics.1 Consumers are also consuming more pineapples today, with an average of 8.5 consumed per person per year in the U.S. compared to the 1970s when it was only 0.7 pounds. 2
For a fruit so beloved, there is still a surprising amount of information about this tropical delight that most people don’t know. Del Monte Corporation offers the following fun facts:
Pineapples are not a single fruit; they are made up of about 100-200 small berries that fuse together as they develop in a process known as coalescence. The scientific name for pineapple, Ananas Comosus, means “excellent fruit.” The largest producer of pineapples in the world is Costa Rica, generating about 3.2 million tons annually. In 17th and 18th century England, pineapples were so rare and expensive that wealthy people would rent them for parties simply as table decorations. That tingle you feel in your mouth after eating pineapple comes from bromelain, a natural enzyme complex found in pineapple that helps break down protein. It also aids in digestion, reduces inflammation and acts as a natural meat tenderizer. Pineapple was not very popular until the launch of the groundbreaking Del Monte Gold® Extra Sweet pineapple in 1996. This noticeably sweeter variety revolutionized the market and helped turn pineapple into a household staple. Danny Dumas, Senior Vice President of Sales, Marketing and Product Management, Del Monte Corporation, North America, reminds pineapple lovers that behind every single fruit there’s a farmer, field worker, logistics team and buyer that work together to bring a perfectly ripe pineapple from a farm in Costa Rica, Kenya or the Philippines to your kitchen table.
As demand continues to surge, growers have diversified where pineapples are grown, adapting to various geographical regions for production, like Del Monte Corporation’s long-standing pineapple operation in Kenya. Growers have also achieved consistent quality among pineapples at scale, investing in post-harvest handling and cold chain infrastructure that transformed pineapples from a seasonal indulgence into a year-round category that consumers can rely on wherever, whenever.
“What excites me most is where innovation is taking this fruit,” adds Dumas. “Demand for fresh-cut pineapple is increasing because consumers want convenience without compromise, but they’re also seeking flavor varieties that excite an array of senses, not just their palates.”
With offerings like the pink-fleshed Pinkglow® pineapple, the ultra-sweet Honeyglow® pineapple, the luxurious Rubyglow® pineapple and convenient refrigerated pineapple spears, Del Monte Corporation is leading the way in pineapple innovation and reimagining what this exotic delicacy can become.
In recognition of International Pineapple Day, Del Monte Corporation acknowledges the growers, logistics teams and retail partners who make that innovation possible—growing the fruit that gives people joy, connects communities across the globe and reflects the best of what agriculture can achieve.
About Del Monte Corporation
Del Monte Corporation is one of the world's leading vertically integrated producers, distributors and marketers of fresh and shelf-stable food products, with products sold in more than 90 countries worldwide. As the global owner of the Del Monte® brand, subject to certain existing licensing arrangements, the company operates across fresh produce, fresh-cut fruit and vegetables, refrigerated foods and shelf-stable categories, serving consumers around the world with a portfolio built on quality, innovation and trust.
Formerly Fresh Del Monte Produce Inc., the company changed its corporate name to Del Monte Corporation in June 2026, reflecting its expanded role as steward of one of the world's most recognized food brands and its commitment to unlocking new opportunities for growth, innovation and global brand expansion.
The Del Monte® brand has been a symbol of quality, freshness and reliability for more than 135 years. Del Monte Corporation is not affiliated with certain other Del Monte companies around the world, including Del Monte Asia Pte. Ltd. The company is the first global marketer of fruits and vegetables to commit to the Science Based Targets initiative and has been recognized as one of America's Most Trusted Companies by Newsweek and named a Humankind 100 Company by Humankind Investments.
Del Monte Corporation is currently traded on the New York Stock Exchange under the symbol FDP and will begin trading under the symbol DMC on June 29, 2026.
Fresh Del Monte Produce (FDP +2.12%), a global produce supplier, reported a sale by an executive as the company maintains broad exposure across key markets.
On May 28, 2026, Jorge Pelaez Reyes, SVP, Central America at Fresh Del Monte Produce, reported the direct sale, according to the SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)2,622Transaction value~$87,000Post-transaction shares (direct)4,838Post-transaction value (direct ownership)~$161,000Transaction value based on SEC Form 4 weighted average purchase price ($33.19); post-transaction value based on May 28, 2026 market close ($33.19).
Key questionsHow does this sale compare to Jorge Pelaez Reyes's prior trading activity?
This is the third open-market sale by Pelaez Reyes since June 2023, with the prior two sales involving 5,417 shares and 2,214 shares, respectively; this transaction is within the observed range for his sell-only events, which average ~3,417 shares per sale.What proportion of his direct holdings does Pelaez Reyes retain after this transaction?
Following this transaction, Pelaez Reyes retains 4,838 directly held common shares, representing approximately 32.1% of his pre-transaction direct holdings.Did the transaction reflect any timing relative to market conditions?
The sale executed at a weighted average price of $33.19 per share, compared to the current share price of $29.37 as of June 4, 2026.What is the implication of other equity awards and holdings not impacted by this sale?
The insider retains a material equity interest through a mix of ordinary shares, restricted stock units, performance stock units, and dividend equivalent units, all of which may convert to common stock, providing ongoing alignment with shareholder value.Company overviewMetricValueRevenue (TTM)$4.27 billionNet income (TTM)$69.60 millionDividend yield3.57%Price (as of market close 5/28/26)$33.19Note: 1-year performance is calculated using May 28, 2026 as the reference date.
Company snapshotOffers a broad portfolio of fresh and fresh-cut fruits and vegetables, including pineapples, bananas, melons, avocados, and prepared foods under the Del Monte and other brands.Operates an integrated supply chain model, generating revenue through production, marketing, and distribution of produce and value-added products globally.Serves retail stores, wholesalers, distributors, club stores, convenience stores, and foodservice operators across North America, Europe, the Middle East, Africa, and Asia.Fresh Del Monte Produce is a leading global supplier of fresh and value-added produce, leveraging vertical integration to control quality and supply chain efficiency. The company’s diversified product offerings and established brand presence support its competitive position in the agricultural sector. Scale, geographic reach, and a broad customer base enable Fresh Del Monte Produce to adapt to evolving consumer demand and market conditions.
What this transaction means for investorsForm 4 filings do not reveal why an investor sells, and investors may struggle with what to make of Pelaez’s sale of Fresh Del Monte Produce stock.
Pelaez is a 42-year veteran of this produce company, which in itself indicates a strong belief in this company. However, as previously mentioned, this is Pelaez’s third stock sale since 2023, and now he retains just 32% of his holdings.
Moreover, the stock has shown little movement in five years, though Fresh Del Monte has approved periodic dividend increases. Considering that its dividend yield is about 3.35%, it is likely that the payout constitutes a significant portion of his gains in the stock.
Indeed, as a fruit seller, Fresh Del Monte is a steady, slow-growth business. Unfortunately for investors, that has also described the stock’s performance over the last five years, which might discourage investors.
Today's Change
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Indeed, its dividend yield and steadily rising dividend probably make it hold for income investors.
Nonetheless, it also means investors could probably earn higher returns in other stocks without compromising safety, making investors should follow Pelaez’s lead with this consumer staples stock if not investing for dividends.
NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Oxford Industries, Inc. (“Oxford” or the “Company”) (NYSE: OXM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Oxford and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On June 10, 2026, Oxford Industries slashed its FY 2026 revenue guidance midpoint to $1.49 billion and projected Q2 sales roughly 5.8% below consensus estimates, representing a material reduction from prior guidance.
On this news, Oxford Industries’ stock price fell $7.36 per share, or 17.01%, to close at $35.92 per share on June 11, 2026.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Attorney advertising. Prior results do not guarantee similar outcomes.
Key Takeaways RF has raised its dividend five times in five years and targets a 40%-50% earnings payout ratio.Regions Financial has $2.6B remaining under its share repurchase authorization as of March 2026.RF held $67.9B in liquidity sources against $6.3B in total debt as of March 31, 2026. Regions Financial (RF - Free Report) remains focused on rewarding shareholders through dividend payments and share buybacks while pursuing growth opportunities. In July 2025, the company hiked its quarterly dividend by 6% to 26 cents per share. Over the past five years, the company has increased its dividend five times.
RF has a five-year annualized dividend growth rate of 12.3% and a payout ratio of 44%. It currently offers a dividend yield of 3.7%, higher than the industry's 2.5%. Further, management expects to maintain a dividend payout target of 40-50% of earnings in 2026. The company’s consistent dividend growth and targeted payout ratio reflect its commitment to returning capital to shareholders while maintaining financial flexibility.
Dividend Yield
Image Source: Zacks Investment Research
Apart from dividends, RF continues to enhance shareholder returns through share repurchases. On Dec. 10, 2025, the company's board of directors approved a new share repurchase program authorizing the repurchase of up to $3 billion of its common stock through Dec. 31, 2027. As of March 31, 2026, $2.6 billion of shares remained available under the repurchase authorization.
Regions Financial has also been pursuing strategic growth initiatives to strengthen its franchise and support long-term growth. At the 2026 RBC Capital Markets conference, management outlined plans to open 135-150 branches over the next five years and renovate more than 1,000 existing locations, focusing on high-growth Southeastern and Texas markets. The company also continues to invest in wealth management, treasury management, payments and capital markets businesses, supporting its fee-based revenue growth. RF's strong capital and liquidity position enable it to pursue these growth initiatives while continuing to return capital to shareholders.
As of March 31, 2026, Regions Financial had total debt (including both long-term and short-term borrowings) of $6.3 billion, while liquidity sources totaled $67.9 billion. Further, the company's senior unsecured debt carries investment-grade ratings of BBB+ from Standard & Poor's, Baa1 from Moody's and A- from Fitch. These ratings provide RF with favorable access to funding markets at attractive rates and suggest that the company can continue meeting its debt obligations even if economic conditions worsen.
Thus, RF’s consistent dividend growth, active share repurchases and disciplined payout strategy reflect strong capital management and financial stability. Backed by solid liquidity, investment-grade credit ratings and a steady earnings base, the company is well-positioned to sustain capital distribution activities and reinforce investor confidence in its long-term prospects.
Other Banks' Capital Distribution ApproachCitizens Financial Group (CFG - Free Report) also maintains a disciplined capital distribution approach. In October 2025, the company increased its common stock dividend by 9.5% to 46 cents per share. As of March 31, 2026, Citizens Financial had available liquidity of $12.3 billion, supporting shareholder distributions while maintaining regulatory capital buffers. Citizens Financial also has a share repurchase program in place. On June 12, 2025, the board increased the program's capacity to $1.5 billion. As of March 31, 2026, nearly $1 billion remained available under the authorization.
Popular (BPOP - Free Report) has been consistent in rewarding shareholders through capital distributions. In August 2025, the company hiked its dividend by 7.1% to 75 cents per share. As of March 31, 2026, the company had liquidity of $5 billion, compared with short-term debt of $1.1 billion and no long-term debt. Popular also maintains a share repurchase program. In July 2025, Popular launched a new buyback program, adding $500 million to the 2024 authorization. As of March 31, 2026, $126 million remained available under the authorization.
RF’s Price Performance & Zacks RankOver the past six months, shares of Regions Financial have gained 2.9% compared with the industry’s growth of 3.3%.
Price Performance
Image Source: Zacks Investment Research
Currently, RF carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Lisa Phillips to lead Consumer Banking in Georgia and the Carolinas; Mia Hubbard to serve as Retail Service Delivery Manager for the entire Regions branch network.
ATLANTA--(BUSINESS WIRE)--Regions Bank on Tuesday announced two key leadership appointments that will drive continued business growth in vibrant Southeastern markets while also supporting consistent service enhancements at branches throughout the company’s 15-state retail banking footprint.
“We’re focused on showing up for people when they need us, where they need us, and delivering trusted advice, responsible financing, and convenient services.”-John Jordan, Regions Bank
Share Lisa Phillips will serve as Consumer Banking Executive for Georgia and the Carolinas, overseeing branch performance and growth in vital and fast-growing markets such as Atlanta, Charlotte, and additional cities across the three states.
Phillips succeeds Mia Hubbard, who is taking on the role of leading Service Delivery across Regions’ entire retail branch network. Hubbard’s new role is focused on driving best-in-class service across Regions’ more than 1,200 branch locations in 15 states, with a particular focus on supporting outreach in the bank’s communities through Community Reinvestment Act (CRA) and Fair Lending initiatives.
Lisa Phillips to Expand Consumer Banking Growth in Key Cities
Phillips, a longtime Regions leader, joined the company as a branch manager in 2000 and has held a range of leadership roles, most recently serving as Consumer Banking Executive guiding the bank’s retail operations in Arkansas and Louisiana.
In her new role serving Georgia and the Carolinas, Phillips will focus on growing Regions’ customer relationships in key metropolitan areas including:
Atlanta Charlotte Charleston Columbia Greenville Spartanburg Raleigh Phillips’ leadership focus is rooted in meeting and exceeding the needs of customers and ensuring thoughtful, strategic service to households, individual consumers and small-business customers. Phillips will be based in Atlanta.
Mia Hubbard to Lead Retail Service Delivery Across Regions’ Footprint
Hubbard has more than 25 years of experience at Regions, coupled with a track record of strengthening customer experiences across multiple markets.
She began her career as a teller with Regions in East Point, Ga., and steadily earned managerial and leadership roles, first at the branch level and, in more recent years, on a regional level guiding the strategies and services delivered at every Regions Bank branch in all of Georgia, North Carolina and South Carolina.
In her new role leading Service Delivery, Hubbard will partner with leaders across Regions’ Consumer Banking, Community and Market Engagement, Risk, Compliance, and Operations teams to:
Build on the bank’s strong commitment to personalized service across all branches Support fair and responsible banking practices Ensure strong alignment with regulatory expectations Leverage the voice of the customer, using consumer insights and analytics to steadily guide branch-banking enhancements Her leadership will extend across Regions’ full retail footprint, spanning the Southeast, Midwest, and Texas.
Leadership Perspective:
John Jordan, head of Retail for Regions, said the appointments reflect Regions’ priorities of delivering consistent, high-quality service while expanding the bank’s reach.
“We take our commitment to Regions’ customers and communities very seriously,” Jordan said. “The right financial solution at the right time is often the key factor that helps a consumer or small-business owner reach important goals. We’re focused on showing up for people when they need us, where they need us, and delivering trusted advice, responsible financing, and convenient services.”
The appointments take effect July 6. Phillips’ successor as Consumer Banking Executive in Arkansas and Louisiana will be announced soon.
How Regions Bank Supports Customers and Communities:
A blend of digital convenience and personal service
Regions combines modern digital tools with in-person banking support. Customers can manage everyday transactions digitally while working with bankers in local branches for more complex financial decisions.
Personalized financial planning at no cost
Through Regions Greenprint® plans, consumers can receive a tailored financial roadmap designed to help them meet long-term goals.
Leading digital banking experience
Regions was ranked No. 1* among regional banks in the JD Power 2026 U.S. Online Banking Satisfaction StudySM, marking the sixth time in the past seven years Regions has earned the top designation. Additionally, Regions ranked No. 2 among regional banks in the JD Power 2026 U.S. Banking Mobile App Satisfaction StudySM, improving by four spots from the prior year.
Ongoing branch investment strategy
The bank is executing a multi-year plan to renovate existing branches and build new locations, improving access and enhancing the in-person experience across its network.
*Tied in 2026.
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $161 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates more than 1,200 banking offices and more than 1,750 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank on Wednesday announced the appointment of Melissa Hancock as Corporate Trust Client Services Executive in the Institutional Services division of Regions Wealth Management.Hancock's move to Regions Bank is part of the company's strategy for building more Wealth Management growth while consistently enhancing client service.What will Melissa Hancock lead at Regions Bank?As Corporate Trust Client Services Executive, Hancock will:Build and lead high-per.
Investors looking for stocks in the REIT and Equity Trust - Other sector might want to consider either Hudson Pacific Properties (HPP - Free Report) or NETSTREIT (NTST - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores highlight companies with specific traits.
Hudson Pacific Properties and NETSTREIT are sporting Zacks Ranks of #1 (Strong Buy) and #3 (Hold), respectively, right now. This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that HPP is likely seeing its earnings outlook improve to a greater extent. However, value investors will care about much more than just this.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.
HPP currently has a forward P/E ratio of 13.80, while NTST has a forward P/E of 14.07. We also note that HPP has a PEG ratio of 1.17. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. NTST currently has a PEG ratio of 2.37.
Another notable valuation metric for HPP is its P/B ratio of 0.3. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, NTST has a P/B of 1.25.
Based on these metrics and many more, HPP holds a Value grade of B, while NTST has a Value grade of C.
HPP stands above NTST thanks to its solid earnings outlook, and based on these valuation figures, we also feel that HPP is the superior value option right now.
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) today announced it will release second quarter financial results before market open on Wednesday, August 5, 2026. The company will hold a conference call to discuss the results at 9:00 a.m. PT / 12:00 p.m. ET the same day.
The conference call will be available via live audio webcast on the Investors section of the company’s website at HudsonPacificProperties.com. A replay of the audio webcast will also be available following the call.
About Hudson Pacific Properties
Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific’s unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space. For more information visit HudsonPacificProperties.com.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," or "potential" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events, or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the company's control, which may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect the company's good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, the company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause the company's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in the company's Annual Report on Form 10-K filed with the Securities and Exchange Commission, or SEC, and other risks described in documents subsequently filed by the company from time to time with the SEC.
On Holding is transitioning from a pure running brand to a luxury lifestyle brand, expanding its TAM and reinforcing premium pricing power. ONON's moat is driven by innovation—LightSpray and SURREAL Superfoam technologies—enabling margin expansion and brand differentiation, with Q1 2026 gross margin reaching 64%. Q1 2026 results showed 26% YoY revenue growth and operating margin expansion to 14.1%, with management prioritizing premium brand value over volume.
In the latest close session, On Holding (ONON - Free Report) was down 6.87% at $36.21. The stock's performance was behind 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%.
The running-shoe and apparel company's shares have seen a decrease of 2.34% over the last month, surpassing the Retail-Wholesale sector's loss of 4.65% and falling behind the S&P 500's gain of 2.02%.
Market participants will be closely following the financial results of On Holding in its upcoming release. On that day, On Holding is projected to report earnings of $0.42 per share, which would represent year-over-year growth of 481.82%. Meanwhile, our latest consensus estimate is calling for revenue of $1.13 billion, up 24.26% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.73 per share and revenue of $4.53 billion. These totals would mark changes of +78.35% and +24.54%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for On Holding. 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.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Right now, On Holding possesses a Zacks Rank of #3 (Hold).
Looking at valuation, On Holding is presently trading at a Forward P/E ratio of 22.44. This represents a premium compared to its industry average Forward P/E of 16.63.
Meanwhile, ONON's PEG ratio is currently 0.64. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Retail - Apparel and Shoes industry had an average PEG ratio of 1.35.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 82, this industry ranks in the top 34% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
Investors might want to bet on On Holding (ONON - Free Report) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.
Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements.
Therefore, the Zacks rating upgrade for On Holding basically reflects positivity about its earnings outlook that could translate into buying pressure and an increase in its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for On Holding imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for On HoldingThis running-shoe and apparel company is expected to earn $1.75 per share for the fiscal year ending December 2026, which represents no year-over-year change.
Analysts have been steadily raising their estimates for On Holding. Over the past three months, the Zacks Consensus Estimate for the company has increased 5.4%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of On Holding to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
On Holding (ONON - 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 running-shoe and apparel company have returned -12.9%, compared to the Zacks S&P 500 composite's -1.3% change. During this period, the Zacks Retail - Apparel and Shoes industry, which On Holding falls in, has gained 0.4%. 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.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, On Holding is expected to post earnings of $0.43 per share, indicating a change of +490.9% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days.
The consensus earnings estimate of $1.75 for the current fiscal year indicates a year-over-year change of +80.4%. This estimate has remained unchanged over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $2.12 indicates a change of +21.3% from what On Holding is expected to report a year ago. Over the past month, the estimate has changed -0.5%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, On Holding is rated Zacks Rank #2 (Buy).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthEven though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of On Holding, the consensus sales estimate of $1.13 billion for the current quarter points to a year-over-year change of +24.3%. The $4.53 billion and $5.46 billion estimates for the current and next fiscal years indicate changes of +24.5% and +20.5%, respectively.
Last Reported Results and Surprise HistoryOn Holding reported revenues of $1.06 billion in the last reported quarter, representing a year-over-year change of +31.4%. EPS of $0.47 for the same period compares with $0.23 a year ago.
Compared to the Zacks Consensus Estimate of $1.05 billion, the reported revenues represent a surprise of +0.86%. The EPS surprise was +34.29%.
Over the last four quarters, On Holding surpassed consensus EPS estimates three times. The company topped consensus revenue estimates each time over this period.
ValuationNo investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
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.
On Holding is graded D on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
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 On Holding. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term.
Intuitive Machines (LUNR 6.40%) spooked the stock market earlier this month, and its timing couldn't have been worse. (At least, from one perspective. More on that in a moment.)
Shares of the space stock -- which, in 2024, became the first American company to land a spacecraft on the moon, and the first American anything to return to the moon in 50 years -- are down an astounding 46% in June.
Yes, this is partly because the SpaceX (SPCX +0.54%) IPO sucked all the oxygen out of the room last Friday, and vacuumed up all the investor cash that used to be invested in other space stocks. Still, Intuitive got the sell-off started all on its own when it announced plans on June 3 to raise $500 million in cash by selling a bunch of new shares.
Image source: Getty Images.
Timing is everything I've got good news for Intuitive shareholders, as well as this bad news: Intuitive Machines announced its share sale soon after hitting an all-time high near $46. Assuming it's made good on its plans and been selling as many shares as it could, as fast as humanly possible, the company may still come out of this sell-off just fine in the end.
Why is that?
Consider that, at the end of 2025, Intuitive stock was trading around $16 per share. Successful contract wins combined with SpaceX IPO fever drove that price up nearly threefold through the end of May.
Did this make the stock overvalued? I think so (and this is coming from an owner of Intuitive Machines stock). Still, by the time Intuitive announced its share sale, the stock was within pennies of $40 a share -- meaning that raising $500 million might have required issuing no more than 12.5 million shares, diluting shareholders by only 7.8%.
What's more, the potential $500 million windfall from such a sale would generate plenty of cash to bridge the gap between when Intuitive is still burning cash and when it finally becomes free cash flow positive on its own (analysts expect this to happen in 2027 or early 2028). This would mean that Intuitive never has to raise cash again.
Today's Change
(
-6.40
%) $
-1.34
Current Price
$
19.61
What could go wrong? The question facing investors now is: Did Intuitive Machines manage to sell its shares and raise cash before its stock price collapsed after the SpaceX IPO?
The truth is, we don't yet know. The fact that Intuitive Machines' stock price fell so rapidly and consistently after it announced its share sale certainly suggests that the company was flooding the market with new shares this month. If it did, and if it raised enough cash fast enough, then Intuitive Machines may have accomplished its goal in time.
We'll have to wait for the company's next earnings report to know for sure, however. Intuitive Machines is due to report second-quarter results on Aug. 6. Tune in then to find out.
SpaceX (SPCX +0.15%), the aerospace and AI company founded by Elon Musk, recently became the biggest IPO in history with a $1.77 trillion valuation. As of this writing, its market cap has swelled to $2.18 trillion -- making it the world's seventh-most-valuable company.
However, SpaceX's market debut also sucked the oxygen out of the space sector. Many space stocks, which had risen in anticipation of SpaceX's IPO, quickly gave up their gains.
Image source: Getty Images.
One of those stocks was Intuitive Machines (LUNR 6.78%), which has dropped nearly 20% since SpaceX's IPO. Should investors chase SpaceX's volatile stock right now, or should they consider Intuitive Machines' pullback to be a better buying opportunity?
The differences between SpaceX and Intuitive Machines SpaceX generates most of its revenue from Starlink, its satellite internet service. A smaller percentage of its revenue comes from its space division, which produces its Falcon rockets, and its new AI division, which houses xAI, X, and the coding start-up Cursor.
Starlink is profitable on its own, but the losses from its space and AI divisions are wiping out its profits. It plans to ramp up its investments in those unprofitable businesses, so its bottom line will likely stay in the red for the foreseeable future.
Today's Change
(
0.15
%) $
0.24
Current Price
$
156.35
Intuitive Machines mainly develops lunar landing and exploration vehicles for NASA. It's sent two Nova-C landers to the moon for NASA so far: IM-1 (Odysseus) in 2024 and IM-2 (Athena) in 2025. It plans to launch its third lander, IM-3, by the end of this year.
Intuitive's first two lunar missions weren't perfect (both landers eventually tipped over), but it still won additional lunar logistics and near-space network services (NSNS) contracts from NASA. It also acquired Lanteris Space Systems, a developer of satellite and space defense systems, earlier this year. It isn't profitable yet, but it could gradually expand and evolve into a more diversified space services provider.
Today's Change
(
-6.78
%) $
-1.42
Current Price
$
19.53
Which company is growing faster? In 2025, SpaceX's revenue rose 33% to $18.67 billion. But after recasting its results to account for its all-stock takeover of xAi this year, it posted a net loss of $4.94 billion. At its current market cap of $2.18 trillion, it trades at a staggering 117 times last year's sales.
But from 2025 to 2028, analysts expect SpaceX's revenue to grow at a 73.5% CAGR to $97.51 billion. They also expect it to turn profitable in 2027 and more than double its net income in 2028. That acceleration could be driven by Starlink's expansion, SpaceX's first commercial Starship launches, and the launches of its first orbital data centers.
Intuitive's revenue declined 8% to $210 million in 2025, but that was only after its revenue surged 187% in 2024. It also narrowed its net loss from $284 million in 2024 to $84 million in 2025, as it expanded its higher-margin services division and tightened spending. With a market cap of $3.7 billion, it trades at 17 times its 2025 sales.
From 2025 to 2028, analysts expect Intuitive's revenue to grow at an 87.8% CAGR to $1.39 billion. They also expect it to turn profitable by the final year. That growth spurt should be driven by its upcoming IM missions, the gradual monetization of its NSNS contract (worth up to $4.82 billion), and new NASA contracts for the upcoming Artemis III and IV crewed missions.
Which stock is the better buy? SpaceX's revenue growth is incredible for a company of its size, but it's heavily dependent on Starlink subsidizing its unprofitable space and AI divisions. Its bubbly price-to-sales ratio also arguably makes it a meme stock -- so it could plummet once its lockup periods start to expire.
Intuitive Machines is much smaller than SpaceX, but its business model is simpler, its stock is more reasonably valued, and it doesn't face any looming lockup expirations. So for now, I'd buy Intuitive Machines instead of SpaceX as my long-term play on the nascent space market.
Many space stocks soared before SpaceX (SPCX +0.54%) went public on June 12. But after SpaceX's IPO, many of those stocks gave up their gains. Some investors likely took profits in those smaller space stocks and chased SpaceX's post-IPO rally instead.
SpaceX listed its IPO shares at $135, and its stock started trading at $150 before setting a record high of $225.64 on June 16. At its peak, its market cap hit $2.66 trillion -- or 142 times its 2025 revenue of $18.7 billion -- and sucked the oxygen out of the rest of the space sector.
Image source: Getty Images.
But as of this writing, SpaceX trades at about $160 with a market cap of $2.13 trillion. It still looks expensive at 114 times last year's sales, but its pullback could finally give some of its industry peers a chance to catch their breath. Let's take a closer look at three other space stocks that might benefit from the market's waning interest in SpaceX: AST SpaceMobile (ASTS 5.11%), Rocket Lab (RKLB 6.58%), and Intuitive Machines (LUNR 6.40%).
AST SpaceMobile AST SpaceMobile, like SpaceX's Starlink, produces low-Earth-orbit (LEO) satellites for cellular and internet connectivity. However, AST's satellites are much larger than Starlink's, and it doesn't offer its own first-party satellite internet service. Instead, AST helps telecom giants like AT&T and Verizon serve more customers in remote and rural areas. It's also building satellites for the U.S. Missile Defense Agency's "Golden Dome" project.
Today's Change
(
-5.11
%) $
-3.72
Current Price
$
69.15
AST has only launched seven satellites so far, but it plans to have 45 to 60 satellites in orbit by the end of 2026, and up to 248 satellites in its constellation within the next few years.
From 2025 to 2028, analysts expect AST's revenue to soar from $71 million to $1.88 billion as its constellation expands. They also expect it to turn profitable in 2027 and 2028. AST's stock might not seem cheap at 12 times its 2028 sales, but it has a lot more upside.
Rocket Lab Rocket Lab, like SpaceX, develops reusable orbital rockets. However, Rocket Lab's Electron rockets carry much smaller payloads than SpaceX's Falcon rockets.
Its customers include NASA, the U.S. Space Force, the Swedish National Space Agency, Kinéis, and BlackSky Technology. It's already launched 89 Electron rockets into orbit, and it plans to launch its higher-capacity Neutron rocket by the end of this year.
Today's Change
(
-6.58
%) $
-6.26
Current Price
$
88.86
Over the next few years, Rocket Lab plans to expand into an "end-to-end" space services company by producing more spacecraft, satellites, and subsystems for companies and government agencies. As those catalysts kick in, analysts expect its revenue to soar from $602 million in 2025 to $1.63 billion in 2028, and for it to achieve profitability in the final year.
Its stock looks expensive at 36 times its 2028 sales, but it could have plenty of room to grow as it launches more rockets and expands its space services business. It should also remain a compelling alternative for investors who like SpaceX but don't like its money-losing AI division.
Intuitive Machines Inituitive Machines develops lunar landers and exploration vehicles for NASA. It's already sent two Nova-C landers to the moon (IM-1 in 2024 and IM-2 in 2025). IM-1 marked America's first successful moon landing since 1972, and it helped the company win additional lunar logistics and near-space network services (NSNS) contracts from NASA.
Today's Change
(
-6.40
%) $
-1.34
Current Price
$
19.61
Like Rocket Lab, Intuitive Machines is gradually expanding into a more diversified space services provider. It recently acquired Lanteris Space Systems, a developer of satellite and space defense systems, to accelerate that strategy.
From 2025 to 2028, analysts expect Intuitive's revenue to jump from $210 million to $1.39 billion, with profitability in the final year, as it scales its business. However, it trades at less than three times its 2028 revenue -- making it one of the cheapest high-growth space stocks. That lower valuation could attract much more attention as SpaceX's high-flying shares pull back.
NEW YORK, June 24, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Tennant Company (NYSE:TNC) for potential violations of the federal securities laws.
If you invested in Tennant, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/tennant-company-class-action-lawsuit.
Key Details of the Tennant ($TNC) Class Action Investigation:
Investigation Overview: Securities fraud related to Tennant’s implementation and rollout of its new, company-wide enterprise resource planning (“ERP”) systemStock Decline: February 24, 2026 – 23.4% Stock DropAction: Contact BFA Law to discuss your rights Why is Tennant Being Investigated for Securities Fraud?
Tennant manufactures industrial cleaning equipment, including large mechanical floor scrubbers and sweepers used in warehouses, retail stores, and other commercial facilities.
BFA is investigating whether Tennant made false and misleading statements to investors regarding the implementation and rollout of a large-scale ERP system. For instance, Tennant assured investors the project was “progressing as we’ve anticipated,” was “on time and on budget,” and that the launch of the ERP in its Asia-Pacific region had been “successful,” with Tennant stating it had “mitigated disruptions and stabilized operations.”
Why did Tennant’s Stock Drop?
On February 24, 2026, Tennant revealed that the rollout of its new ERP system in North America caused severe operational disruptions, including that it was unable to process and ship customer orders following the launch of the system. As a result, Tennant lost roughly $30 million in sales and would need to spend more than $20 million in 2026 to remediate the issues, compared to roughly $5 million the company had planned to spend.
This news caused the price of Tennant stock to drop $19.28 per share, more than 23%, from a closing price of $82.30 per share on February 23, 2026, to $63.02 per share on February 24, 2026.
Click here for more information: https://www.bfalaw.com/cases/tennant-company-class-action-lawsuit.
What Can You Do?
If you invested in Tennant, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
NEW YORK, June 24, 2026 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating Tennant Company (NYSE: TNC) (“Tennant” or the “Company”) for potential violations of the federal securities laws.
On February 24, 2026, Tennant revealed that the rollout of its new ERP system in North America caused severe operational disruptions, including that it was unable to process and ship customer orders following the launch of the system. As a result, Tennant lost roughly $30 million in sales and would need to spend more than $20 million in 2026 to remediate the issues, compared to roughly $5 million the company had planned to spend.
This revelation came after Tennant repeatedly assured investors that the project was “progressing as we’ve anticipated,” was “on time and on budget,” and that the launch of the ERP in its Asia-Pacific region had been “successful,” with Tennant stating it had “mitigated disruptions and stabilized operations.”
This news caused the price of Tennant stock to drop $19.28 per share, more than 23%, from a closing price of $82.30 per share on February 23, 2026, to $63.02 per share on February 24, 2026.
If you suffered a loss in Tennant securities, and wish to participate, or learn more about your eligibility, contact our attorneys Andrea Farah ([email protected]) at (914)733-7256 or Vincent R. Cappucci Jr. ([email protected]) at (914)733-7278.
About Lowey Dannenberg
Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.
Contact
Lowey Dannenberg P.C.
44 South Broadway, Suite 1100
White Plains, NY 10601
Tel: (914) 733-7256
Email: [email protected]
Steven J. Bilodeau, a member of the Board of Directors of Cohu (COHU 1.48%), reported the sale of 10,257 shares in an open-market transaction on May 20, 2026, according to an SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)10,257Transaction value$460,000Post-transaction shares (direct)52,272Post-transaction value (direct ownership)$2.35 millionTransaction value based on SEC Form 4 reported price ($44.85); post-transaction value based on May 20, 2026 market close ($44.98).
Key questionsHow does this transaction compare to Bilodeau's historical selling pattern?
Over the past four open-market sales, the average trade size was ~7,900 shares; this transaction at 10,257 shares is above that mean but reflects a higher percentage of remaining holdings, consistent with a shrinking base of available shares.What is the impact on Bilodeau’s total direct ownership and capacity for further sales?
Bilodeau’s direct stake decreased by 16.40% following the transaction, leaving him with 52,272 shares, or approximately $2.35 million in market value as of May 20, 2026, and no indirect or derivative holdings reported.Did the sale coincide with material changes in Cohu’s stock price or market environment?
The sale was executed at $44.85 per share, with Cohu closing at $44.98 that day and up 153.3% year-over-year as of the transaction date, indicating strong price performance but no sharp intra-day movement linked to this trade.Company overviewMetricValuePrice (as of market close 2026-05-20)$44.98Market capitalization$2.20 billionRevenue (TTM)$481.28 million1-year price change153.3%* 1-year price change calculated using May 20th, 2026 as the reference date.
Company snapshotCohu offers semiconductor test and inspection handlers, MEMS test modules, thermal sub-systems, interface products, and data analytics software for semiconductor and electronics manufacturers.It generates revenue primarily through the sale of automated test equipment, interface products, spares, and related services, including software and consulting.The company serves integrated device manufacturers, outsourced semiconductor assembly and test companies, and electronics manufacturers globally, with a significant presence in Asia and North America.Cohu is a leading provider of semiconductor test equipment and related services, operating at scale with nearly 3,000 employees and a global customer base.
The company leverages a diversified product portfolio to address the evolving needs of semiconductor and electronics manufacturers, focusing on automation, test efficiency, and data-driven performance optimization.
What this transaction means for investorsThe May 20 sale of Cohu stock by Director Steven Bilodeau came at a time when shares were rising after a solid first-quarter earnings report. The stock would eventually climb to a multi-year high of $70.92 on June 22.
Bilodeau was likely capitalizing on the share price growth to capture some gains. He retained over 50,000 shares after this disposition, maintaining a sizable equity stake in the company. Some of those shares were not vested at the time of his transaction, meaning he could not sell them immediately.
Cohu stock is up thanks to its position as a provider of test and inspection solutions for the semiconductor industry. With the advent of artificial intelligence, the company’s offerings are in high demand.
This is illustrated in Cohu’s revenue of $125.1 million in its fiscal first quarter ended March 28, up from the prior year’s $96.8 million. The company expects sales to accelerate in its fiscal second quarter to around $144 million.
Robert Izquierdo has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.
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It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.
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VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
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That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Signet (SIG - Free Report) Founded in 1950 and headquartered in Hamilton, Bermuda, Signet Jewelers Limited (SIG - Free Report) is the world's largest retailer of diamond jewelry and a leading specialty jewelry retailer. The company operates primarily in the United States, Canada, the U.K. and the Republic of Ireland through a portfolio of well-known jewelry brands. As of May 2, 2026, Signet operated 2,559 stores worldwide.
SIG is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 8.35; value investors should take notice.
Two analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.27 to $10.57 per share. SIG also boasts an average earnings surprise of +87.5%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, SIG should be on investors' short list.
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company value investors might notice is Signet Jewelers (SIG - Free Report) . SIG is currently holding a Zacks Rank #2 (Buy) and a Value grade of A.
SIG is also sporting a PEG ratio of 1.04. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. SIG's PEG compares to its industry's average PEG of 1.05. Over the past 52 weeks, SIG's PEG has been as high as 3.86 and as low as 0.39, with a median of 0.94.
Investors should also recognize that SIG has a P/B ratio of 2.27. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. SIG's current P/B looks attractive when compared to its industry's average P/B of 3.37. Over the past year, SIG's P/B has been as high as 2.52 and as low as 1.04, with a median of 1.87.
Value investors also use the P/S ratio. The P/S ratio is calculated as price divided by sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. SIG has a P/S ratio of 0.51. This compares to its industry's average P/S of 0.88.
These are just a handful of the figures considered in Signet Jewelers's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that SIG is an impressive value stock right now.
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Signet (SIG - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
Signet is a member of our Retail-Wholesale group, which includes 189 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Signet is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for SIG's full-year earnings has moved 2.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, SIG has returned 6.5% so far this year. At the same time, Retail-Wholesale stocks have gained an average of 0.3%. This means that Signet is performing better than its sector in terms of year-to-date returns.
One other Retail-Wholesale stock that has outperformed the sector so far this year is PC Connection (CNXN - Free Report) . The stock is up 22.2% year-to-date.
In PC Connection's case, the consensus EPS estimate for the current year increased 3.4% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Signet is a member of the Retail - Jewelry industry, which includes 5 individual companies and currently sits at #24 in the Zacks Industry Rank. Stocks in this group have gained about 11.1% so far this year, so SIG is slightly underperforming its industry this group in terms of year-to-date returns.
In contrast, PC Connection falls under the Retail - Computer Hardware industry. Currently, this industry has 1 stocks and is ranked #5. Since the beginning of the year, the industry has moved +22.2%.
Investors with an interest in Retail-Wholesale stocks should continue to track Signet and PC Connection. These stocks will be looking to continue their solid performance.
Sitka reports results for six additional diamond drill holes; continues to intercept significant intervals of high-grade gold mineralization in step out drilling at the Blackjack deposit
Drillhole DDRCCC-26-125 returned 94.5 m of 1.62 g/t Au including 2.0 m of 11.85 g/t Au, and a separate interval of 197.0 m of 1.06 g/t Au including 2.0 m of 9.95 g/t Au
Drillhole DDRCCC-26-123 returned 214.5 m of 0.97 g/t Au, including 106.9 m of 1.36 g/t Au and 2.0 m of 15.45 g/t Au
Drillhole DDRCCC-26-126 returned 153.1 m of 1.33 g/t Au, including 110.0 m of 1.63 g/t Au including 2.0 m of 12.35 g/t Au
Over 18,000 m of expansion drilling completed at the Blackjack deposit across 40 holes since the last MRE for Blackjack was published in January 2025; effectively doubling the meterage completed since the last resource estimate was calculated
Six drill rigs are currently turning on the Project at Blackjack, Rhosgobel and Saddle
Approximately 17,600 m of diamond drilling have been completed to date this year in 30 drill holes across the Blackjack and Rhosgobel deposits as part of the ongoing 60,000 m drill program planned for 2026
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2026) - Sitka Gold Corp. (TSXV: SIG) (FSE: 1RF) (OTCQX: SITKF) ("Sitka" or the "Company") is pleased to announce assay results from six drill holes completed during its 2026 exploration campaign and to provide an update on the 60,000 metre diamond drilling program currently underway at its 100% owned, road accessible RC Gold Project ("RC Gold" or the "Project") in Canada's Yukon Territory. Analytical results for drill holes DDRCCC-26-122 through DDRCCC-26-127 have been received and compiled and are reported herein. These results continue to expand and infill the mineralized zone at Blackjack (see Figures 1 to 3). Highlights of the reported drill holes include DDRCCC-26-123 which returned 214.5 m of 0.97 g/t Au, including 106.9 m of 1.36 g/t Au and 2.0 m of 15.45 g/t Au, DDRCCC-26-125 which returned 94.5 m of 1.62 g/t Au including 2.0 m of 11.85 g/t Au, and a separate interval of 197.0 m of 1.06 g/t Au including 2.0 m of 9.95 g/t Au, and DDRCCC-26-126 which returned 153.1 m of 1.33 g/t Au, including 110.0 m of 1.63 g/t Au and 2.0 m of 12.35 g/t Au.
Currently, six drills are turning across the project with the goal of expanding on known gold mineralization and defining new mineralization. So far this year a total of approximately 17,600 metres have been completed in 30 drill holes at the Blackjack and Rhosgobel deposits as part of the fully-funded 60,000 metres drill program planned for 2026. Assays are pending for all remaining holes.
"These results continue to demonstrate the impressive scale, continuity and high-grade nature of the Blackjack gold deposit and further strengthen our confidence in the overall growth potential of the RC Gold Project," said Cor Coe, Director and CEO of Sitka Gold Corp. "The first holes completed this year at Blackjack have returned several broad, high-grade gold intercepts that highlight the robust nature of the mineralization and continue to expand the known limits of this wide-open deposit. Furthermore, we have now completed more than 18,000 metres of additional drilling at Blackjack since the most recent resource estimate was published in early 2025. For perspective, the current resource estimate of 1.29 million ounces of indicated gold grading 1.01 g/t gold and 1.04 million ounces of inferred gold grading 0.94 g/t gold* was based on 18,800 metres of drilling, meaning we have now effectively doubled the amount of drilling completed since that estimate was calculated. With six drills currently operating and only a portion of our fully funded 60,000 metre drill program completed, we expect a steady flow of results from Blackjack, Rhosgobel and several additional targets as we continue advancing one of Yukon's largest and fastest-growing gold systems."
*see Table A in the About the RC Gold Project section below
Figure 1: Plan map of drilling completed at the Blackjack deposit, highlighting results from drill holes reported in this news release. Over 18,000 metres of drilling across 40 drill holes has been completed in expansion drilling at Blackjack since the last MRE was published in January 2025.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6144/302502_1a5c3325e4a44aca_002full.jpg
Figure 2: Cross section of DDRCCC-26-123 and DDRCCC-26-126 showing broad high-grade gold intervals intercepted in the latest drilling at Blackjack.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6144/302502_1a5c3325e4a44aca_003full.jpg
Figure 3: Cross section of DDRCCC-26-125 showing broad high-grade gold intervals intercepted in the latest drilling at Blackjack.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6144/302502_1a5c3325e4a44aca_004full.jpg
Figure 4: Examples of visible gold observed in DDRCCC-26-122 (564.83m), DDRCCC-26-123 (243.75m), DDRCCC-26-125 (557.13m), and DDRCCC-26-126 (266.53m). Observations of visible gold are common in the drill core across the Clear Creek Intrusive Complex.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6144/302502_1a5c3325e4a44aca_005full.jpg
The 2026 drill program continues to successfully intersect broad zones of Reduced Intrusion-Related Gold mineralization at the Blackjack and Rhosgobel deposits and continues to expand and define the known gold mineralization at each area. Visible gold* has been observed associated with the RIRGS mineralization in all but one drill hole at both targets. The program will continue to define and expand these broad zones of mineralization as well as target new zones of previously defined mineralization such as the Pukelman/Contact zones, Saddle zone and Bear Paw Breccia zone.
* While visible gold observations are very encouraging and confirm the presence of gold mineralization, they are not intended to imply potential gold grades. Gold assays will be published after they are received from the lab for mineralized intervals in which visible gold particles were noted.
Figure 5: Longitudinal section showing locations of several of the intrusion targets and the current gold resources within the Clear Creek Intrusive Complex. A 60,000 metres diamond drilling program planned for 2026 will focus on further expansion of the 2 km long Blackjack-Eiger area with 15,000 metres of drilling. An additional 30,000 metres of drilling is planned at Rhosgobel to follow up on the initial diamond drilling conducted by Sitka in 2025. 10,000 metres of drilling has been allocated for the Pukelman-Contact zone and 5,000 metres of drilling will follow up on initial drilling results from Bear Paw and test other high-priority targets.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6144/302502_1a5c3325e4a44aca_009full.jpg
Figure 6*: A plan map of the Clear Creek Intrusive Complex (CCIC) showing the updated resource areas at Blackjack and Eiger, and the six additional areas that have drill targets indicated by the mauve hatched areas. The map highlights the numerous drill targets that Sitka has outlined within the CCIC which all are connected by the road network on the project and occur in an area measuring five (5) km north-south and twelve (12) km east-west. Additional areas highlighted by strong gold in soil anomalies are being advanced to the drill ready stage with additional geological work planned in 2026.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6144/302502_1a5c3325e4a44aca_010full.jpg
Sitka's 100% owned, flagship RC Gold Project consists of a 447 square kilometre contiguous district-scale land package located in the heart of Yukon's Tombstone Gold Belt. The project is located approximately 100 kilometres east of Dawson City, which has a 5,000 foot paved runway, and is accessed via a secondary gravel road from the Klondike Highway which is usable year-round and is an approximate 2 hour drive from Dawson City. It is one of the largest consolidated land packages strategically positioned mid-way between the Eagle Gold Mine and the past producing Brewery Creek Gold Mine.
The RC Project hosts an indicated MRE of 1,291,000 ounces of gold and an inferred MRE of 3,829,000 ounces of gold (see Table A below) hosted within three at surface, road-accessible pit constrained deposits. In addition to gold resources, the Rhosgobel deposit also hosts 2,926,000 ounces of silver and 51,345 tonnes of tungsten trioxide (see Table B below). The 60,000 metre drill program planned for 2026 is focused on expanding all three known deposits in addition to testing other high potential targets in close proximity to the current resources.
* Notes for Blackjack Resources:
Mineral resource estimate prepared by Ronald G. Simpson of GeoSim Services Inc. with an effective date of January 21, 2025.
Mineral Resources are estimated consistent with CIM Definition Standards and reported in accordance with NI 43-101.
Mineral resources are not mineral reserves and do not have demonstrated economic viability.
Mineral resources are constrained by an optimized pit shell using the following assumptions: US$2000/oz Au price; a 45° pit slope; assumed metallurgical recovery of 85%; mining costs of US$2.00 per tonne; processing costs of US$10.00 per tonne; G&A of US$4.00/t.
The base case cut-off of 0.3 g/t Au is believed to provide a reasonable margin over operating and sustaining costs for open-pit mining and processing.
Totals may not sum due to rounding.
** Notes for Rhosgobel and Eiger Resources:
Mineral resource estimate prepared by Ronald G. Simpson of GeoSim Services Inc. with an effective date of February 25, 2026
Mineral Resources are estimated consistent with CIM Definition Standards and reported in accordance with NI 43-101.
Mineral resources are not mineral reserves and do not have demonstrated economic viability.
Mineral resources are constrained by an optimized pit shell using the following assumptions: US$3000/oz Au price; a 45° pit slope; assumed metallurgical recovery of 85%; mining costs of US$2.50 per tonne; processing costs of US$14.00 per tonne; G&A of US$4.00/t.
The base case cut-off of 0.3 g/t Au is based on a gold price of US$2500/oz and believed to provide a reasonable margin over operating and sustaining costs for open-pit mining and processing
Totals may not sum due to rounding.
All of these deposits begin at surface and are potentially open pit minable. Initial bottle roll metallurgical testing confirmed the non-refractory characteristics of the gold mineralization and returned gold extraction rates averaging around 85% for the Blackjack and Eiger deposits. Further metallurgical testwork in 2024 for Blackjack and Eiger returned recoveries ranging from 77.6 to 93% for gravity followed by cyanidation. Initial bottle roll testing for Rhosgobel has confirmed non-refractory characteristics of the gold mineralization with two composite samples returning gold recoveries of 89% and 96%. Additional metallurgical testing at Rhosgobel has returned an average gold recovery of 94.3% using conventional whole ore cyanidation leaching and an initial recovery of 84.7% tungsten in rougher concentrate using conventional floatation. Metallurgical testing for potential silver recovery has not yet been completed.
Notes:
Mineral resource estimate prepared by Ronald G. Simpson of GeoSim Services Inc. with an effective date of May 11, 2026.
Mineral Resources are estimated consistent with CIM Definition Standards and reported in accordance with NI 43-101.
Mineral resources are not mineral reserves and do not have demonstrated economic viability.
Mineral resources are constrained by an optimized pit shell using the following assumptions: US$3000/oz Au price; a 45° pit slope; assumed metallurgical recovery of 85%; mining costs of US$2.50 per tonne; processing costs of US$14.00 per tonne; G&A of US$4.00/t.
The base case cut-off of 0.3 g/t Au is based on a gold price of $2500/oz and believed to provide a reasonable margin over operating and sustaining costs for open-pit mining and processing
Totals may not sum due to rounding.
For the purposes of the current resource model, it is assumed that a likely mill flowsheet would consist of a gravimetric, flotation, and cyanidation circuit.
Upcoming Events
Sitka Gold will be attending and/or presenting at the following events*:
TAKESTOCK Investor Series Stampede Special, Calgary, AB: June 30, 2026
Yukon Mining Alliance - Property Tours and Conference, Dawson City, Yukon: July 12-15, 2026
Diggers and Dealers: Kalgoorlie, Western Australia: August 3 - 5, 2026
*All events are subject to change.
About Sitka Gold Corp.
Sitka Gold Corp. is a well-funded mineral exploration company headquartered in Canada. The Company is managed by a team of experienced industry professionals and is focused on exploring for economically viable mineral deposits with its primary emphasis on gold, silver and copper mineral properties of merit. Sitka is currently advancing its 100% owned, 447 square kilometre flagship RC Gold Project located within the Tombstone Gold Belt in the Yukon Territory. The Company has also announced plans to spin-out the Alpha Gold Project in Nevada and the Burro Creek Gold and Silver Project in Arizona into a new discovery-focused exploration company to be named at a later date.
A 60,000-metre diamond drilling program planned for 2026 is currently underway at the Company's flagship RC Gold Project, located in Yukon Canada, where six diamond drill rigs are currently operating.
*For more detailed information on the Company's properties please visit our website at www.sitkagoldcorp.com.
Quality Assurance/Quality Control
On receipt from the drill site, the HTW/NTW-sized drill core was systematically logged for geological attributes, photographed and sampled at Sitka's core logging facility. Sample lengths as small as 0.3 m were used to isolate features of interest, otherwise a default 2 m downhole sample length was used. Each sample is identified by a unique sample tag number which is placed in the bag containing the core to be assayed. Core was cut in half lengthwise along a predetermined line, with one-half (same half, consistently) collected for analysis and one-half stored as a record. Standard reference materials, blanks and duplicate samples were inserted by Sitka personnel at regular intervals into the sample stream. Bagged samples were placed in secure bins to ensure integrity during transport. They were delivered by Sitka personnel or a contract expeditor to ALS Laboratories' preparatory facility in Whitehorse, Yukon, with analyses completed in North Vancouver.
ALS is accredited to ISO 17025:2005 UKAS ref. 4028 for its laboratory analysis. Samples were crushed by ALS to over 70 per cent passing below two millimetres and split using a riffle splitter. One-thousand-gram splits were pulverized to over 85 per cent passing below 75 microns. Gold determinations are by fire assay with an inductively coupled plasma atomic emission spectroscopy (ICP-AES) finish on 50 g subsamples of the prepared pulp (ALS code: Au-ICP-22). Any sample returning over 10 g/t gold was re-analyzed by fire assay with a gravimetric finish on a 50 g subsample (ALS code: Au-GRA21). In addition, a 51-element analysis was performed on a 0.5 g subsample of the prepared pulps by an aqua regia digestion followed by an inductively coupled plasma mass spectroscopy (ICP-MS) finish (ALS code: ME-MS41). Select intervals at the Rhosgobel Deposit were selected for additional XRF analysis on a lithium borate fusion (ALS code: XRF-15b) for WO3.
All other scientific and technical content of this news release has been reviewed and approved by Gilles Dessureau, P.Geo., V.P. Exploration of the Company, and a Qualified Person (QP) as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SITKA GOLD CORP.
"Cor Coe"
CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary and Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions and the Company's anticipated work programs.
These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, market uncertainty and the results of the Company's anticipated work programs.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302502
Source: Sitka Gold Corp.
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Key Takeaways STRL is benefiting from AI data center demand and earlier-than-planned project execution.SMTC sees AI networking demand growth, with portfolio moves focused on optical module opportunities.VIAV is witnessing strong demand from AI hyperscalers and infrastructure providers. The information technology sector has been witnessing a bull-run over the past three and half years reviving the entire U.S. stock markets single-handedly after the coronavirus-led devastation. The generic artificial intelligence (AI) technologies and their massive adoption across the globe have completely changed the Wall Street scenario. The latest advent of agentic AI is giving the space a further in every sphere of the economy.
Here, we have identified three AI-driven stocks that have provided triple-digit returns year to date. Despite having skyrocketed, these stocks currently carry double-digit upside potential for the short term. Moreover, their attractive product portfolio, solid pipeline and a favorable Zacks Rank indicate long-term prospects.
These stocks are: Sterling Infrastructure Inc. (STRL - Free Report) , Semtech Corp. (SMTC - Free Report) and Viavi Solutions Inc. (VIAV - Free Report) . Each of our picks currently carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The chart below shows the price performance of our three picks year to date.
Image Source: Zacks Investment Research
Sterling Infrastructure Inc.Zacks Rank #1 Sterling Infrastructure specializes in constructing complex data centers, e-commerce distribution facilities, and manufacturing sites. The company is a major provider of high-density, AI-Powered data centers. STRL is a notable beneficiary of the massive AI data center boom.
E-Infrastructure Solutions projects develop advanced, large-scale site development systems and services for data centers, e-commerce distribution centers, warehousing, transportation, energy and more.
Sterling’s combined offering of site development and electrical services is gaining traction faster than expected. STRL highlighted that in the first quarter of 2026, two data center campuses moved to integrated execution six to eight months earlier than planned, validating cross-sell traction and schedule compression benefits.
STRL’s complementary investments — AI tools that increased project manager capacity by about 15% and a modular manufacturing program that will triple capacity within nearly 18 months — reduce field labor intensity and enhance quality/efficiency.
Strong Estimate Revisions and Price UpsideSterling Infrastructure has an expected revenue and earnings growth rate of 59.2% and 77.4%, respectively, for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 3.1% over the last 30 days.
Moreover, STRL has an expected revenue and earnings growth rate of 29.1% and 42.1%, respectively, for the next year. The Zacks Consensus Estimate for next year’s earnings has improved 5.5% over the last 30 days.
Image Source: Zacks Investment Research
The short-term average price target of brokerage firms for the stock represents an increase of 9.7% from the last closing price of $861.88. The brokerage target price is currently in the range of $884-$1,015. This indicates a maximum upside of 17.8% and no downside. The risk/reward ratio is extremely favorable.
Semtech Corp.Zacks Rank #2 Semtech is benefiting from AI-led data center networking demand, with FiberEdge anchored in the current generation and CopperEdge widening the content opportunity as 1.6T ramps begin.
SMTC’s LoRa is extending beyond core utilities into broader multi-protocol use cases, and management expects another step up in the next quarter. High-end consumers are also seeing share and content gains in protection and sensing.
SMTC’s portfolio actions, including the pending cellular module divestiture and the HieFo integration, are aimed at sharpening focus and adding photonics capability in 1.6T and 3.2T optical modules.
Solid Estimate Revisions and Price UpsideSemtech has an expected revenue and earnings growth rate of 29.1% and 55.6%, respectively, for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 20.1% over the last 30 days.
Moreover, SMTC has an expected revenue and earnings growth rate of 20.3% and 36%, respectively, for the next year. The Zacks Consensus Estimate for next year’s earnings has improved 31.6% over the last 30 days.
Image Source: Zacks Investment Research
The short-term average price target of brokerage firms for the stock represents an increase of 29.5% from the last closing price of $158.23. The brokerage target price is currently in the range of $175-$230. This indicates a maximum upside of 45.3% and no downside. The risk/reward ratio is extremely favorable.
Viavi Solutions Inc.Zacks Rank #2 Viavi Solutions benefits from growing demand across data center, AI infrastructure, aerospace and defense markets, supported by its comprehensive portfolio offerings. VIAV’s Spirent asset integration has expanded its presence in high-speed Ethernet and network security testing, while recent product launches enhance its capabilities in AI data center validation, cybersecurity and resilient timing applications.
VIAV’s revenue growth in Network and Service Enablement continues to be supported by demand from hyperscalers, semiconductor infrastructure providers and the broader data center ecosystem. Management highlighted momentum across scale-up and scale-out architectures tied to AI workloads and high-speed interconnect technologies.
Recent investments in PCIe 7.0 analysis capabilities and the launch of the CyberFlood CF1000 platform expand VIAV’s ability to validate AI inference workloads, encrypted traffic and next-generation data center infrastructure. These developments strengthen exposure to long-term AI-related network testing demand and support continued growth in lab, production and field-testing solutions.
Impressive Estimate Revisions and Price UpsideViavi Solutions has an expected revenue and earnings growth rate of 20.1% and 30.9%, respectively, for the next year (ending June 2027). The Zacks Consensus Estimate for next year’s earnings has improved 0.8% over the last 30 days.
Image Source: Zacks Investment Research
The short-term average price target of brokerage firms for the stock represents an increase of 37% from the last closing price of $47.17. The brokerage target price is currently in the range of $60-$70. This indicates a maximum upside of 48.4% and no downside. The risk/reward ratio is extremely favorable.
Investors searching for growth in the 2026 chip market often compare Marvell Technology (MRVL 1.82%) and Semtech Corp (SMTC 1.10%). Choosing between these two depends on your focus on either high-end data centers or the expanding connectivity of things.
Marvell provides the high-speed infrastructure necessary for artificial intelligence, while Semtech specializes in the chips that connect the physical world to the internet. While both operate within the broader semiconductor industry, their specific market focus and financial health differ significantly, making it essential to review the data before deciding where to invest.
The case for Marvell TechnologyMarvell Technology designs high-performance components for the cloud, where it competes among other semiconductor stocks for AI infrastructure dominance. The company maintains a concentrated customer base, with its ten largest customers contributing nearly 82% of total net revenue in fiscal 2026. Two key customers, specifically one distributor and one direct account, each represented at least 10% of revenue. Customer concentration like this adds a layer of risk to the business, especially as large cloud providers explore developing their own internal chip solutions.
In FY 2026, revenue reached approximately $8.2 billion, representing a significant 42% increase over the prior year. This increase is a sharp departure from earlier periods, and it helped the company achieve net income of nearly $2.7 billion. For context, the company reported a net loss in both FY 2024 and FY 2025, showing a significant turn toward profitability as demand for AI infrastructure surged.
As of its January 2026 balance sheet, the debt-to-equity ratio was approximately 0.3x. This ratio compares total debt to shareholders’ equity, indicating that the company has a conservative level of debt relative to its equity. During this period, free cash flow reached close to $1.4 billion. Note that stock-based compensation (SBC) accounted for roughly 34% of operating cash flow, inflating reported cash generation, since SBC is a non-cash expense added back to cash flow.
The case for Semtech Corp.Semtech provides specialized semiconductors and cloud connectivity solutions that support the Internet of Things and 5G wireless networks. The company relies on a limited number of customers, with its top two accounting for about 25% of net sales in fiscal 2026. This dependency creates material revenue risk if those specific partnerships are terminated or if their business operations suffer. Many of these contracts are short-term, leaving the company exposed to sudden order cancellations or shifts in distributor preferences.
In FY 2026, Semtech reported revenue of nearly $1.1 billion, reflecting approximately 16% revenue growth over the previous year. While revenue is trending upward, the company still reported a net loss of $40.4 million for the period. This is an improvement over the net loss of close to $161.9 million reported in FY 2025, indicating the company is moving toward a more stable financial footing.
According to its January 2026 balance sheet, the debt-to-equity ratio was approximately 0.9x. This indicates that for every dollar of equity, the company has about 90 cents in debt. Free cash flow for the year was $171.4 million. Note that stock-based compensation (SBC) accounted for roughly 34.1% of operating cash flow, inflating reported cash generation, since SBC is a non-cash expense added back in the cash flow statement.
Risk profile comparisonMarvell Technology faces significant risks related to its customer concentration and geographic footprint. A major portion of its revenue comes from a few distributors and direct customers in the data center market, making it vulnerable to shifts in their spending. Geopolitical tensions between the United States and China also pose a threat, as trade barriers and export controls limit sales and disrupt supply chains. Additionally, the company relies entirely on third-party foundries for wafer fabrication, meaning any natural disasters or political instability in those regions could cause major disruptions to its product supply.
Semtech deals with similar geographic and customer risks, with its assembly and test operations located in China, Malaysia, Taiwan, and Vietnam. The company is sensitive to general macroeconomic conditions, where inflation and high interest rates can lead to reduced commercial spending and inventory corrections. Integrating past acquisitions remains a challenge that could divert management attention or lead to future asset impairments. Like its peers, Semtech must also navigate complex and evolving export control laws that increase operational costs and impose risks of regulatory fines.
Valuation comparisonComparing these two companies on price, Semtech appears to be the more affordable option based on its lower multiples relative to future earnings estimates and revenue.
MetricMarvell TechnologySemtechSector BenchmarkForward P/E76.9x61.7x37.6xP/S ratio31.1x13xSector benchmark uses the SPDR XLK sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Both Marvell Technology and Semtech Corp are expecting excellent growth this calendar year, which covers most of their fiscal 2027. Both businesses are enjoying a stiff tailwind of demand from data centers and hyperscalers.
Marvell expects its fiscal 2027 revenue to rise 40% to $11.5 billion. This comes after reporting a first quarter that grew 28% over the first quarter of fiscal 2026. Marvell recently announced a partnership with Nvidia Corp (NVDA +0.59%) to deploy Marvell’s optical networking and custom silicon capabilities with Nvidia’s ecosystem to create custom AI data center solutions. Not only is AI demand rising, but users are also using AI in ways that require more chip power (such as asking multi-part questions that require the LLM to send off queries across different parts of its system). Marvell and Nvidia will seek to optimize hyperscalers’ equipment options to meet such needs.
Meanwhile, Semtech is expected to see its hardware sales grow by more than 30%, primarily from AI hyperscalers. For fiscal 2027, analysts see Semtech generating $1.37 billion in sales and swinging to a net income of $152 million. This comes after a first-quarter fiscal 2027 that saw Semtech’s revenue rise 18% to $291 million, with net income of $26.6 million.
Both businesses are showing strong growth driven by demand for AI. Marvell, however, shows much healthier profit margins, which bode well for the business in the long run. It could deploy its cash for acquisitions, share buybacks, or increased research and development, all things that would strengthen the outlook for shareholders. Marvell Technology commands a premium compared to other tech stocks, but sometimes investors need to pay up for quality.
From a technical perspective, Semtech (SMTC - Free Report) is looking like an interesting pick, as it just reached a key level of support. SMTC recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.
Like other SMAs, if a stock's price is moving above the 20-day, the trend is considered positive. When the price falls below the moving average, it can signal a downward trend.
Over the past four weeks, SMTC has gained 11.5%. The company is currently ranked a Zacks Rank #2 (Buy), another strong indication the stock could move even higher.
Once investors consider SMTC's positive earnings estimate revisions, the bullish case only solidifies. No earnings estimate has been lowered in the past two months, compared to 6 raised estimates, for the current fiscal year, and the consensus estimate has increased as well.
Investors may want to watch SMTC for more gains in the near future given the company's key technical level and positive earnings estimate revisions.
On June 23, 2026, Semtech Corp SMTC shares experienced a notable decline, falling 6.5% to a current price of $163.28. This drop comes within a 52-week trading range of $41.62 to $177.35, reflecting significant volatility in the stock's performance.
GF Value™ verdict: The current price is $163.28, which represents a 330.1% premium over the GF Value™ estimate of $37.96, indicating that the stock is significantly overvalued.GF Score™: Semtech Corp holds a GF Score™ of 69/100, which classifies it as above average.Most notable signal: Insider activity shows that insiders sold $3.9 million worth of stock in the last three months, with no buying reported. Is SMTC Overvalued or Undervalued? According to GF Value™, Semtech Corp is significantly overvalued, with a current price of $163.28 compared to an intrinsic value estimate of $37.96. This substantial difference of 330.1% raises concerns regarding the potential risk associated with investing in Semtech at this valuation level. The GF Valuation label clearly indicates that the stock is in a state of overvaluation, which could lead to a price correction in the future.
The margin of safety is minimal, as the current valuation far exceeds what GF Value™ suggests is justified based on historical trading multiples and growth projections. While overvaluation could present a risk to investors, it is crucial to consider the broader market context and any potential catalysts that may drive future performance. However, the current indications lean firmly toward a cautionary approach given the high premium over the estimated intrinsic value.
How Does SMTC's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 62.1x 36.7x The current P/E ratio of 62.1x is significantly above its 5-year median P/E of 36.7x, indicating that Semtech is trading at a higher valuation than it has historically. This aligns with the GF Value™ verdict, suggesting that the stock is indeed overvalued. The elevated P/E ratio further supports the notion that the stock is not only expensive in absolute terms but also relative to its own historical performance.
What Does SMTC's GF Score™ Tell Us? Metric Rating GF Score™ 69 Financial Strength 7/10 Profitability 6/10 Growth 7/10 Valuation 1/10 Momentum 6/10 Semtech Corp's GF Score™ of 69/100 indicates that it is positioned above average compared to its peers. The strongest area is its financial strength, rated 7/10, which suggests a solid balance sheet and operational stability. However, the valuation rank of 1/10 highlights a significant weakness in this aspect, aligning with the overvaluation signal from the GF Value™. The profitability and growth ranks of 6/10 suggest reasonable performance, but the low valuation score is a key concern for potential investors.
What Are Insiders Doing with SMTC Stock? Insider activity in Semtech Corp has shown a notable trend, with insiders selling $3.9 million worth of stock in the past three months and no reported purchases. This pattern may suggest a lack of confidence from those within the company regarding the stock's current valuation or future performance. Such selling activity can be seen as a negative signal, indicating that insiders may believe that the stock is overvalued at its current price.
Given the absence of buying activity, it reinforces the perspective that even those closely associated with the company may not see the current price as justified, further complicating the investment narrative for potential shareholders.
What This Means for Investors Based on the analysis, Semtech Corp SMTC is currently classified as overvalued according to GF Value™, with a significant premium over its estimated intrinsic value. The elevated P/E ratio, coupled with the concerning insider activity, presents a cautious outlook for potential investors.
For the complete analysis, visit the Semtech Corp SMTC 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 SMTC's GF Score™?
Semtech Corp has a GF Score™ of 69/100, indicating that it performs above average compared to its peers based on key financial metrics.
Is SMTC overvalued or undervalued?
SMTC is considered overvalued according to GF Value™, with a current price significantly exceeding its estimated intrinsic value.
What is SMTC's P/E ratio?
Semtech Corp's P/E ratio is currently 62.1x, which is significantly higher than its 5-year median P/E of 36.7x, indicating that it is trading at a premium compared to its historical valuation.
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].
Ceva (CEVA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
RealSpace™ Elevate, a licensable Windows APO, enables OEMs to create differentiated, branded spatial audio experiences while reducing development cost and complexity
, /PRNewswire/ -- Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP for the Smart Edge, today announced RealSpace™ Elevate for Windows, a Microsoft-certified, licensable Windows Audio Processing Object (APO) that enables gaming headset and PC OEMs to deliver fully customizable spatial audio experiences for gaming and entertainment content. RealSpace Elevate expands Ceva's Sense portfolio of audio and sensing technologies, enabling OEMs to deliver richer user experiences across consumer devices.
Ceva RealSpace Elevate delivers Microsoft-Certified spatial audio for PC gaming headsets, enabling OEMs to differentiate with premium 3D sound experiences. As spatial audio becomes a standard feature in PC gaming, OEMs are facing increasing challenges balancing performance, differentiation, cost, and integration complexity. Existing approaches, ranging from built-in OS or game engine solutions to third-party branded applications, often limit customization, increase cost, or result in fragmented user experiences not optimized for individual OEM headset product lines.
Delivered as a production-ready Windows APO, RealSpace Elevate addresses these challenges by providing an optimal balance between ease of deployment and OEM control. Unlike OS-level solutions that offer limited differentiation or branded third-party applications that restrict customization and increase end-user cost, RealSpace Elevate enables OEMs to fully control the user experience, create custom-tuned audio experiences, and integrate spatial audio as a core part of their gaming headset offering.
"Immersive spatial audio has become the primary battleground for differentiation in gaming headsets, but the cost and complexity of developing a proprietary software stack from scratch remains a major bottleneck for OEMs," said Neil Shah, VP Research & Co-Founder of Counterpoint Research. "Ceva's RealSpace Elevate, a Microsoft-certified, production-ready APO, gives OEMs full control over tuning, branding and user experience while accelerating time-to-market and unlocking the next tier of differentiation."
Built on Ceva's proven RealSpace spatial audio technology, the solution delivers precise sound localization and natural externalization, enabling gamers to accurately perceive the direction and distance of in-game sounds for a more engaging and competitive experience. The technology has been optimized specifically for gaming headset use cases, combining rich entertainment audio with competitive gameplay enhancements.
"Spatial audio is rapidly becoming a baseline expectation for premium gaming headsets," said Chad Lucien, Vice President and General Manager of the Sensor and Audio Business Unit at Ceva. "With RealSpace Elevate, we give OEMs the ability to deliver differentiated, branded audio experiences through a Microsoft-certified Windows APO solution that significantly reduces development cost, complexity, and time-to-market."
The introduction of RealSpace Elevate expands Ceva's software licensing opportunities in the growing gaming headset and PC audio market, enabling OEMs to bring differentiated spatial audio experiences to market more efficiently.
Designed for Gaming Headset Differentiation
RealSpace Elevate is purpose-built to give OEMs full control over performance and product identity, including:
7.1 multi-channel spatial rendering with pin-point accuracy and natural sound externalization Gaming-focused enhancements, including controls to highlight critical in-game sounds such as footsteps and gunshots Full control of user interface, branding, and overall user experience with a Ceva-provided reference application Customizable audio tuning and gaming-specific audio presets for competitive and casual gameplay, as well as entertainment content such as music, movies, and podcasts Integrated Windows APO architecture enabling seamless spatial audio deployment on Windows PCs Availability
The RealSpace Elevate Windows APO solution is available now. For more information, visit: https://www.ceva-ip.com/product/ceva-realspace/
About Ceva, Inc.
Ceva powers the Smart Edge, bridging the digital and physical worlds to bring AI-driven products to life. Our Ceva AI fabric portfolio of silicon and software IP enables devices to Connect, Sense, and Infer – the essential capabilities for the intelligent edge. From 5G, cellular IoT, Bluetooth, Wi-Fi, and UWB connectivity to scalable Edge AI NPUs, AI DSPs, sensor fusion processors and embedded software, Ceva provides the foundational IP for devices that connect, understand their environment, and act in real time.
With more than 21 billion devices shipped and trusted by 400+ customers worldwide, Ceva is the backbone of today's most advanced smart edge products - from AI-infused wearables and IoT devices to autonomous vehicles and 5G infrastructure. Our differentiated solutions deliver seamless integration into existing design flows, total flexibility to combine solutions based on design needs and ultra–low–power performance in minimal silicon footprint, helping customers accelerate development, reduce risk, and bring innovative products to market faster. As technology evolves toward Physical AI, Ceva's IP portfolio lays the foundation for systems that are always connected, contextually aware, and capable of intelligent, real-time decision-making.
Visit us at www.ceva-ip.com and follow us on LinkedIn, X, YouTube, Facebook, and Instagram.
Ceva (CEVA - Free Report) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.
A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.
The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.
As such, the Zacks rating upgrade for Ceva is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the near-term price movement of its stock. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Ceva imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for CevaFor the fiscal year ending December 2026, this chip designer is expected to earn $0.53 per share, which is unchanged compared with the year-ago reported number.
Analysts have been steadily raising their estimates for Ceva. Over the past three months, the Zacks Consensus Estimate for the company has increased 15.9%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Ceva to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
VANCOUVER, British Columbia--(BUSINESS WIRE)--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced the results from its annual meeting of shareholders held on June 22, 2026 (the “Meeting”).
Each of the following seven nominees was elected as a director of the Company:
Director Nominees
Votes For
Votes Withheld
Kelvin Dushnisky
78,321,795 (93.95%)
5,047,673 (6.05%)
Michael Brown
73,559,448 (88.23%)
9,810,019 (11.77%)
Fabiana Chubbs
80,442,320 (96.49%)
2,927,150 (3.51%)
Jonathan Evans
81,721,583 (98.02%)
1,647,887 (1.98%)
Dr. Yuan Gao
61,992,086 (74.36%)
21,377,382 (25.64%)
Philip Montgomery
74,004,451 (88.77%)
9,365,016 (11.23%)
Clayton Walker
72,899,178 (87.44%)
10,470,291 (12.56%)
Final voting results on all matters voted on at the Meeting will be filed on SEDAR+ (www.sedarplus.ca) and EDGAR (www.sec.gov) and posted to the Investors section of the Company’s website at www.lithiumamericas.com.
ABOUT LITHIUM AMERICAS
Lithium Americas is building Thacker Pass located in Humboldt County in northern Nevada. Phase 1 is designed for nominal production capacity of 40,000 tonnes per year of battery-quality lithium carbonate, and mechanical completion is targeted for late 2027. Thacker Pass hosts the largest known measured lithium resource (Measured and Indicated) and reserve (Proven and Probable) in the world and is owned by a joint venture between Lithium Americas (holding a 62% interest), and General Motors Holdings LLC (holding a 38% interest). Lithium Americas’ shares are listed on the Toronto Stock Exchange and New York Stock Exchange under the symbol LAC. To learn more, visit www.lithiumamericas.com or follow @LithiumAmericas on social media.
FORWARD-LOOKING STATEMENTS
This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, “FLS”). FLS can often be identified by words such as “anticipate,” “designed,” “estimate,” “expect,” “intend,” “may,” “plan,” “target,” “will” and similar expressions. FLS in this news release includes statements regarding the design and production capacity of Phase 1 of Thacker Pass, the targeted timing for mechanical completion and mineral resource and reserve estimates.
FLS is based on certain assumptions, including that the Company will complete Phase 1 construction on schedule and within budget, that required permits and approvals will be maintained, that mineral resource and reserve estimates remain accurate, that financing will continue to be available on acceptable terms, and that general market and economic conditions will not materially deteriorate. FLS involves known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied, including the risks described in the Company’s continuous disclosure documents filed on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov.
Readers are cautioned not to place undue reliance on FLS, which speak only as of the date of this news release. The Company does not undertake any obligation to update or revise any FLS except as required by applicable securities legislation.
DALLAS--(BUSINESS WIRE)--ALTO Real Estate Funds is pleased to announce the successful execution of a full-building lease with a major 3rd party logistics company at ALTO Pinto 45, a 586,919 SF Class A industrial facility in South Dallas.
The lease marks a major milestone for the project, delivering 100% occupancy and securing a global logistics leader as the long-term tenant. With lease execution completed in May 2026 and operations expected to commence in August 2026, this transaction reinforces the strength of the Dallas logistics market and the continued demand for well-located, institutional-quality industrial product.
ALTO Pinto 45 is strategically positioned to serve regional and national distribution needs, benefiting from proximity to key transportation corridors and intermodal infrastructure. The lease with a major 3rd party logistics company, a globally recognized leader in supply chain and logistics further validates the asset’s design, location, and execution.
“This success was the result of a highly coordinated effort across ALTO’s investment, development, and operating teams, alongside strong collaboration with our partners, consultants, and leasing team” said Yaniv Melamud, CEO at ALTO. “We are proud to bring a best-in-class tenant to the project and deliver a fully leased outcome for our investors”.
ALTO continues to actively develop and invest in Class A industrial properties across Dallas-Fort Worth, Houston, and Austin, focusing on locations that benefit from long-term population growth, infrastructure investment, and evolving supply chain demand.
About ALTO Real Estate Funds
ALTO Real Estate Funds is an investment firm focused on the acquisition and development of logistics assets in Texas and open-air shopping centers throughout the U.S. Sun Belt. Over its 16-year track record, ALTO has invested in 83 properties totaling 15 million square feet. The firm focuses on institutional-quality assets in high-growth markets and seeks to create value through operational expertise, disciplined execution, and active asset management.
Key Takeaways Alto Ingredients lifted its return on essential ingredients to 53.4% from 48.2% a year earlier.Higher corn oil prices, driven by renewable biofuels demand, added $2.2 million to quarterly revenues.The Pekin Campus return improved to 54% from 48%, reflecting better byproduct economics. Alto Ingredients, Inc. (ALTO - Free Report) generated more value from every bushel of corn it processed in the first quarter of 2026, even as weather-related disruptions at its Pekin campus weighed on production volumes. The improvement reflected the company's ability to derive higher returns from its co-products while benefiting from lower feedstock costs.
The company’s consolidated return on essential ingredients, which measures co-product revenues relative to total corn costs consumed, increased to 53.4% in the first quarter of 2026 from 48.2% in the year-ago period. The improvement came even as the company faced softer demand and increased competition in high-quality alcohol markets.
Much of the improvement was driven by stronger pricing across Alto Ingredients’ co-product portfolio. In particular, higher corn oil prices, supported by demand from renewable biofuels producers, provided a $2.2 million boost to revenues during the quarter. At the same time, the company also benefited from lower corn costs, which further enhanced returns from its corn-processing operations.
The Pekin Campus accounted for a significant portion of the gains. Its essential ingredients return improved to 54% from 48% a year earlier, reflecting better economics across the company's mix of byproducts. With stronger co-product economics and a lower-cost grain environment, Alto Ingredients was able to extract greater value from the same underlying corn input.
The results highlight the importance of co-products in Alto Ingredients' corn-processing economics, with stronger pricing helping it derive greater value from each bushel of corn processed.
What Do the Latest Metrics Say About Alto Ingredients?Alto Ingredients, which competes with Green Plains Inc. (GPRE - Free Report) and MGP Ingredients, Inc. (MGPI - Free Report) , has seen its shares rally 352.3% in the past year compared with the industry’s 3% growth. Shares of Green Plains have risen 166.1%, while MGP Ingredients has declined 44.2% during the same period.
Image Source: Zacks Investment Research
From a valuation standpoint, Alto Ingredients’ forward price-to-sales ratio of 0.39 is lower than the industry’s average of 3. The company is trading at a discount to Green Plains (with a forward price-to-sales ratio of 0.53) and MGP Ingredients (0.70).
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for Alto Ingredients’ current fiscal-year earnings per share (EPS) implies a year-over-year surge of 671.4%, while the consensus mark for the next fiscal year’s EPS implies growth of 53.7%.
Image Source: Zacks Investment Research
Alto Ingredients currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
DALLAS--(BUSINESS WIRE)--ALTO Real Estate Funds is pleased to announce the successful execution of a full-building lease with a major 3rd party logistics company at ALTO Pinto 45, a 586,919 SF Class A industrial facility in South Dallas.
The lease marks a major milestone for the project, delivering 100% occupancy and securing a global logistics leader as the long-term tenant. With lease execution completed in May 2026 and operations expected to commence in August 2026, this transaction reinforces the strength of the Dallas logistics market and the continued demand for well-located, institutional-quality industrial product.
ALTO Pinto 45 is strategically positioned to serve regional and national distribution needs, benefiting from proximity to key transportation corridors and intermodal infrastructure. The lease with a major 3rd party logistics company, a globally recognized leader in supply chain and logistics further validates the asset’s design, location, and execution.
“This success was the result of a highly coordinated effort across ALTO’s investment, development, and operating teams, alongside strong collaboration with our partners, consultants, and leasing team” said Yaniv Melamud, CEO at ALTO. “We are proud to bring a best-in-class tenant to the project and deliver a fully leased outcome for our investors”.
ALTO continues to actively develop and invest in Class A industrial properties across Dallas-Fort Worth, Houston, and Austin, focusing on locations that benefit from long-term population growth, infrastructure investment, and evolving supply chain demand.
About ALTO Real Estate Funds
ALTO Real Estate Funds is an investment firm focused on the acquisition and development of logistics assets in Texas and open-air shopping centers throughout the U.S. Sun Belt. Over its 16-year track record, ALTO has invested in 83 properties totaling 15 million square feet. The firm focuses on institutional-quality assets in high-growth markets and seeks to create value through operational expertise, disciplined execution, and active asset management.
, /PRNewswire/ -- Kudu Investment Management, LLC (Kudu), a leading provider of permanent capital solutions to asset and wealth management firms globally, and Drummond Capital Partners (Drummond), an Australian boutique manager specializing in institutional quality, active managed accounts, today announced that Kudu has made a minority investment in Drummond.
Drummond's founders, Tom Schubert and Nick Reddaway, will remain majority owners and Drummond will continue to operate under the same leadership team, investment framework and client service model. Founded in 2017, Drummond, with offices in Melbourne, Brisbane, Sydney and Perth, manages A$6.6 billion in assets in tailored investment portfolios for financial advisors.
"We see a promising long-term opportunity in the Australian wealth management sector," said Chris Shin, partner and co-CIO at Kudu. "Drummond is a high-quality business with a differentiated offering and coherent strategic direction. Our role is to provide long-term capital to support that vision—without altering what makes the firm successful."
Tom Schubert, co-founder and CEO of Drummond, said, "This partnership is about strengthening what already makes Drummond different. We were very deliberate in seeking a partner whose capital is permanent, whose approach is genuinely long-term, and whose model allows us to remain fully independent. We have built a high-quality business by partnering closely with advice firms, and this investment enables us to continue investing in our team, our product suite and the broader support we provide to clients."
About Drummond Capital Partners
Drummond is an Australian based boutique investment manager specialising in advice-led managed account solutions. Drummond partners with select advice firms to design, deliver and manage SMA portfolios that enhance investment outcomes, strengthen governance and support better client engagement. The firm was founded in 2017 with a clear objective: to bring institutional quality investment management into the wealth management sector in a way that is practical, transparent and aligned with how advice businesses operate. For more information, visit www.drummondcp.com.
About Kudu Investment Management, LLC
New York-based Kudu Investment Management provides long-term capital solutions—including generational ownership transfers, management buyouts, acquisition and growth finance, as well as liquidity for legacy partners—to independent asset and wealth managers globally. Since its founding in 2015, Kudu has invested in 34 asset and wealth managers representing US$154 billion as of March 31, 2026. Kudu is backed by capital partners White Mountains Insurance Group, Ltd. (NYSE: WTM) and MassMutual. For more information, visit www.kuduinvestment.com.
For Kudu Investment Management:
Margaret Kirch Cohen
Newton Park PR
[email protected]
+1 847-507-2229
C3.ai, Inc. (AI - Free Report) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this company have returned +10.4%, compared to the Zacks S&P 500 composite's +1.4% change. During this period, the Zacks Computers - IT Services industry, which C3.ai falls in, has lost 8.2%. The key question now is: What could be the stock's future direction?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings EstimatesHere at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
C3.ai is expected to post a loss of $0.25 per share for the current quarter, representing a year-over-year change of +32.4%. Over the last 30 days, the Zacks Consensus Estimate has changed +8.9%.
The consensus earnings estimate of -$0.81 for the current fiscal year indicates a year-over-year change of +40%. This estimate has changed +8.5% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $0.52 indicates a change of +35.6% from what C3.ai is expected to report a year ago. Over the past month, the estimate has changed +26.8%.
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, C3.ai is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue GrowthWhile earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of C3.ai, the consensus sales estimate of $51.46 million for the current quarter points to a year-over-year change of -26.8%. The $221.58 million and $240.78 million estimates for the current and next fiscal years indicate changes of -11.5% and +8.7%, respectively.
Last Reported Results and Surprise HistoryC3.ai reported revenues of $51.6 million in the last reported quarter, representing a year-over-year change of -52.5%. EPS of -$0.33 for the same period compares with -$0.16 a year ago.
Compared to the Zacks Consensus Estimate of $49.75 million, the reported revenues represent a surprise of +3.72%. The EPS surprise was +13.16%.
Over the last four quarters, C3.ai surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times 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.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
C3.ai is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom LineThe facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about C3.ai. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Hitesh Lath, Chief Financial Officer of C3.ai (AI 0.93%), reported the sale of 34,210 shares of Class A Common Stock for a total consideration of approximately $375,000 on June 16, 2026, as disclosed in this SEC Form 4 filing.
Transaction summaryMetricValueShares sold (direct)34,210Transaction value~$375,000Post-transaction shares (direct)233,106Post-transaction value (direct ownership)~$2.55 millionTransaction value based on SEC Form 4 weighted average purchase price ($10.95); post-transaction value based on June 16, 2026 market close price ($10.93).
Key questionsWhat was the structure and mechanics of this sale?
This transaction involved the exercise of 29,008 options, followed by the immediate sale of 34,210 Class A directly-held shares by Lath; there were no indirect transactions or transfers to trusts or other entities.How does the size of this sale compare to Lath's historical selling patterns?
The sale, at 12.80% of direct holdings, was larger than prior individual sell-only transactions, but the increased size reflects reduced remaining capacity after several years of net share disposition rather than a change in disposition cadence.What does Lath's post-sale equity exposure look like?
Following the transaction, Lath directly holds 233,106 Class A shares (valued at ~$2.55 million as of June 16, 2026) and maintains 352,077 RSUs, ensuring meaningful ongoing exposure to the company's equity.What is the current market context for C3.ai shares?
The transaction occurred with Class A shares priced around $10.95, against a one-year price decline of 55.3% as of June 16, 2026, and a current market price of $10.30 as of June 18, 2026.Company overviewMetricValuePrice (as of market close 2026-06-16)$10.93Market capitalization$1.49 billionRevenue (TTM)$250.27 million1-year price change(55.3%)* 1-year price change calculated using June 16th, 2026 as the reference date.
Company snapshotC3.ai offers enterprise AI software platforms, industry-specific AI applications, and data analytics tools for sectors such as oil and gas, manufacturing, financial services, and defense.It generates revenue through software subscriptions and professional services, leveraging a scalable platform model with pre-built and customizable solutions.The company serves large enterprises and government agencies globally, targeting organizations seeking to deploy AI at scale for operational efficiency and risk management.C3.ai, Inc. is a technology company specializing in enterprise-scale artificial intelligence software, with a focus on delivering robust, turnkey AI solutions across diverse industries.
The company leverages strategic partnerships with leading technology and industry players to enhance its platform capabilities and market reach. Its competitive advantage lies in providing integrated, industry-specific applications that address complex business challenges and drive digital transformation for large organizations.
What this transaction means for investorsThe June 16 sale of C3.ai stock by the company’s CFO Hitesh Lath came at a time when shares were beaten down from last year’s 52-week high of $30.11. Even so, the disposition is not a cause for investor concern. It was performed to fulfill tax withholding obligations incurred in connection with the vesting of restricted stock units.
C3.ai’s share price decline was due to falling revenue and rising losses. In the company’s 2026 fiscal year, ended April 30, revenue was $250.3 million, a sharp decline from the previous year’s $389.1 million. Its net loss rose to $470.4 million compared to a loss of $288.7 million in the year prior.
C3.ai’s struggles began after CEO Thomas Siebel stepped down due to health reasons last year. The company announced his return to the position on June 3. This was followed by an expanded partnership with energy giant Shell. C3.ai relies heavily on partners for revenue. The new deal combined with Siebel’s return may help the company bounce back from its sales woes.
C3 AI (NYSE: AI), the enterprise AI application software company, today announced that Jim Hagemann Snabe, a member of its Board of Directors and special advisor to Chairman and Chief Executive Officer Thomas M. Siebel, has been appointed by the European Commission as Special Envoy for Industrial Artificial Intelligence. In this role, he will advise Commission President Ursula von der Leyen and Executive Vice-President Henna Virkkunen. Snabe will take a leave of absence from his roles at C3 AI for the duration of the appointment and is expected to return when his service concludes.
As Special Envoy, Snabe will advise on the full industrial AI ecosystem — including AI infrastructure such as data centers, high-performance computing, and the semiconductor supply chains essential to AI deployment; foundational technologies such as large language models and generative AI; and the application of AI across industrial sectors. He will deliver an evidence-based, forward-looking report to inform the Commission's work. The role is unpaid and runs through March 31, 2027.
“Jim Snabe is among the most experienced and widely respected leaders in global technology and industry, and the European Commission could not have chosen anyone better suited to advise it on industrial AI,” said Thomas M. Siebel, Chairman and Chief Executive Officer of C3 AI. “Europe is fortunate to have him. We will miss his advice and counsel during his leave of absence, and we look forward to welcoming him back to C3 AI when his service to the Commission is complete.”
Snabe's career spans more than three decades at the intersection of technology, industry, and innovation. He is Chairman of the Supervisory Board of Siemens AG and serves on the boards of C3 AI, Bloom Energy, and Temasek, as well as on the Board of Trustees of the World Economic Forum. His advisory roles include the International Advisory Board of Allianz and the Global Advisory Board of Deutsche Bank, and he has served as a special advisor to Google Cloud and to the Chief Executive Officer of C3 AI. Earlier in his career, Snabe was co-CEO of SAP, helping to lead one of the world's foremost enterprise software companies, and he subsequently served as Chairman of A.P. Møller–Maersk and as Vice Chairman of Allianz SE. Across these roles, he has been a trusted advisor to many of the world's leading companies — among them Siemens, Maersk, Allianz, and C3 AI — and to governments.
Consistent with the European Commission's requirements for special advisors, Snabe will step back from his C3 AI board seat and his advisory role to the Chief Executive Officer for the duration of his appointment. He is expected to resume both roles upon its conclusion.
About C3.ai, Inc.
C3 AI is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 Agentic AI Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications, C3 AI applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally, and C3 Generative AI, a suite of domain-specific generative AI offerings for the enterprise.
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Global professional services firm Huron (NASDAQ: HURN), today announced Shoshana Vernick was elected to its Board of Directors, effective June 19, 2026. Ms. Vernick is an accomplished leader with deep expertise in the education industry and a demonstrated track record of advancing innovation, technology-enabled growth and long-term organizational value.
“We are pleased to welcome Shoshana to the Huron Board of Directors,” said Hugh Sawyer, non-executive chairman of theHuron board. “Shoshana has led organizations through periods of significant growth and transformation and is widely respected in the investment community. Her industry knowledge, financial acumen, and perspective on strategy, organizational effectiveness, capital markets, and governance will be a valuable addition to our board as we continue to advance our growth strategy and create long-term shareholder value.”
Ms. Vernick is co-founder and managing partner of Avathon Capital, a private equity firm focused on investments across the education and knowledge services sector, where she has overseen 16 platform investments since founding the firm in 2016. In her role, she drives the firm’s value creation strategy with a focus on organic and inorganic growth, advanced technology, and organizational design. Previously, she served as Managing Director at Sterling Partners, investing across education, healthcare, and business services.
Ms. Vernick also served as an independent trustee of Flowstone Opportunity Fund and was a member of its audit committee. She also serves as a board member for the Avathon Capital portfolio companies Academic Programs International, ReUp Education, Shorelight, Edvance, Summit Professional Education and OculusIT. Ms. Vernick is Vice Chair of the Illinois Venture Capital Association (IVCA), a founding Board member of the IVCA Foundation and serves on the Steering Committee of the KPMG & University of Chicago Economic Forum.
“I am excited to join Huron’s board of directors at such an exciting time in the company's growth trajectory,” said Shoshana Vernick. "Huron has a strong track record of helping clients across industries navigate a multitude of complex challenges, and I look forward to contributing to the board's work as the company continues to execute its strategy.”
The appointment of Ms. Vernick to Huron’s board advances Huron’s commitment to its periodic board refreshment process and brings the size of the board to nine members. Her skillsets and experience further strengthen the board’s collective expertise as Huron continues to execute its long-term growth strategy.
ABOUT HURON
Huron is a global professional services firm that collaborates with organizations to help solve their most complex challenges and achieve their most ambitious goals. Working across the private and public sectors, we partner closely with clients to improve performance, accelerate transformation, and unlock new opportunities for growth.
Our clients choose us because of our deep industry and technical expertise and proven track record of turning sound strategies into action. By combining practical experience, innovative thinking, and advanced analytics and technology, Huron helps organizations translate today’s ideas into tangible results and long-term value. Learn more at www.huronconsultinggroup.com.
Statements in this press release that are not historical in nature, including those concerning the company’s current expectations about its future results, are “forward-looking” statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by words such as “may,” “should,” “expects,” “provides,” “anticipates,” “assumes,” “can,” “will,” “meets,” “could,” “likely,” “intends,” “might,” “predicts,” “seeks,” “would,” “believes,” “estimates,” “plans,” “positions,” “continues,” “goals,” “guidance,” or “outlook,” or similar expressions. These forward-looking statements reflect the company's current expectations about future requirements and needs, results, levels of activity, performance, or achievements. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: failure to achieve expected utilization rates, billing rates, and the necessary number of revenue-generating professionals; our ability to realize the expected benefits and potential opportunities of artificial intelligence (AI); inability to expand or adjust our service offerings in response to market demands; our dependence on renewal of client-based services; dependence on new business and retention of current clients and qualified personnel; failure to maintain third-party provider relationships and strategic alliances; inability to license technology to and from third parties; the impairment of goodwill; various factors related to income and other taxes; difficulties in successfully integrating the businesses we acquire and achieving expected benefits from such acquisitions; risks relating to privacy, information security, and related laws and standards; and a general downturn or volatility in market conditions, including as a result of current global trade tensions and/or tariffs. These forward-looking statements involve known and unknown risks, uncertainties, and other factors, including, among others, those described under “Item 1A. Risk Factors” in Huron's Annual Report on Form 10-K for the year ended December 31, 2025 that may cause actual results, levels of activity, performance or achievements to be materially different from any anticipated results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. The company disclaims any obligation to update or revise any forward-looking statements as a result of new information or future events, or for any other reason.
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Ambiq Micro, Inc. (“Ambiq”) (NYSE: AMBQ), a technology leader in ultra-low-power semiconductor solutions for edge AI, today announced the pricing of its upsized underwritten public offering of 2,000,000 shares of its common stock at a public offering price of $78.00 per share. The gross proceeds to Ambiq from the offering, before deducting underwriting discounts and commissions and other offering expenses, are expected to be $156.0 million. In addition, Ambiq has granted the underwriters a 30-day option to purchase up to an additional 300,000 shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on June 25, 2026, subject to the satisfaction of customary closing conditions.
BofA Securities and UBS Investment Bank are acting as joint lead book-running managers for the proposed offering. Needham & Company, Stifel, and Roth Capital Partners are acting as joint book-running managers for the proposed offering.
A registration statement relating to the offering of securities was declared effective by the U.S. Securities and Exchange Commission on June 23, 2026. The offering is being made only by means of a prospectus. When available, copies of the final prospectus relating to the offering may be obtained by contacting: BofA Securities, NC1-022-02-25, 201 North Tryon Street, Charlotte, North Carolina 28255-0001, Attention: Prospectus Department, or by email at [email protected] or UBS Securities LLC, Attention: Prospectus Department, 11 Madison Avenue, New York, New York 10010, or by email at [email protected].
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Ambiq
Headquartered in Austin, Texas, Ambiq’s mission is to enable intelligence (artificial intelligence (AI) and beyond) everywhere by delivering the lowest power semiconductor solutions. Ambiq enables its customers to deliver AI compute at the edge where power consumption challenges are the most severe. Ambiq’s technology innovations, built on the patented and proprietary subthreshold power optimized technology (SPOT®), fundamentally deliver a multi-fold improvement in power consumption over traditional semiconductor designs. Ambiq has powered over 300 million devices to date.
Forward-Looking Statements
The statements contained in this press release that are not historical facts are forward-looking statements. You can identify forward-looking statements because they contain words such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “estimates,” or “anticipates,” or similar expressions which concern our strategy, plans, projections or intentions. These forward-looking statements may be included throughout this press release, and include, but are not limited to, statements relating to Ambiq’s expected gross proceeds from the offering and the expected timing and closing of the offering. By their nature, forward-looking statements are not statements of historical fact or guarantees of future performance and are subject to risks, uncertainties, assumptions or changes in circumstances that are difficult to predict or quantify including those described in the section titled “Risk Factors” in Ambiq’s Annual Report on Form 10-K for the year ended December 31, 2025, as well as in other filings Ambiq may make with the SEC from time to time. Ambiq’s expectations, beliefs and projections are expressed in good faith and Ambiq believes there is a reasonable basis for them. However, there can be no assurance that management’s expectations, beliefs and projections will result or be achieved and actual results may vary materially from what is expressed in or indicated by the forward-looking statements. Any forward-looking statement in this press release speaks only as of the date of this release. Ambiq undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.
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The Hackett Group, Inc. (NASDAQ: HCKT), an ROI-led AI transformation firm, today announced the winners of its annual Hackett Innovation Awards, recognizing organizations that are using artificial intelligence (AI) to redesign enterprise workflows, accelerate performance and deliver significant impact across their end-to-end business processes.
“The winning organizations are moving beyond AI experimentation to reinvent workflows, operating models, and enterprise performance around measurable outcomes and sustained ROI,” said The Hackett Group® Managing Director of Europe David Ketchin. “They are clear on the value they want to deliver, they rethink how work gets done across people and technology, and they invest purposefully in developing the skills and structures needed to make that change lasting and at scale.”
Elanco’s procure-to-pay team had historically operated as “human middleware” who manually processed over 30,000 queries annually – error-prone interventions that often took more than 10 minutes each. To streamline operations and better support its mission of providing health solutions for pets and livestock, Elanco developed a two-layer agent-based AI ecosystem that leveraged ElancoGPT, the company’s secure AI platform. Layer one, AskSAP, enabled employees to query records via natural language. Layer two, a procure-to-pay agent, autonomously scans vendor emails, identifies intent, cross-references records with live enterprise resource planning (ERP) data, and drafts responses, which are then reviewed by employees. Query resolution time dropped to under 10 seconds, a 99% reduction. The new system also eliminated 30%-40% of manual purchase-to-pay queries.
GSK India Global Services Private Limited – Winner, Service Desk: HelpHub Transformation
The EMEA and APAC Procure-to-Pay Service Desk was constrained by an inefficient operating model. Support was split across multiple hubs, resulting in fragmented ownership, high inter-hub dependencies, and higher costs to serve. Deploying a Gen AI-powered real-time translator and an agentic AI smart query router has sped up response times while cutting costs. In its first three years, HelpHub has saved $4.03 million (£3 million), cut waiting times 40%, raised first-contact resolution from 88% to 93%, and boosted user experience scores from 4.3 to 4.9 out of 5. So far, the return on investment (ROI) has topped 150%, and further upside is expected.
Hitachi Energy – Winner, Plan-to-Source-to-Make-to-Deliver: Agentic AI-Powered Automation of Inbound Delivery Notes and Order Acknowledgments
Hitachi Energy manages one of the world’s most complex supply chains. Its production facilities consist of a web of more than 100 factories with over 20,000 suppliers that annually generate two million inbound delivery lines and around three million purchase order lines yearly. To manage that complexity while ensuring compliance, Hitachi Energy has rolled out an agentic AI solution to automate the end-to-end Inbound Delivery Note (IBDN) and Order Acknowledgment (OA) processes. With this solution, downstream goods are received faster, production disruptions are fewer, and overall compliance risk across the supply chain is lower. Payback for the IBDN system took four months, while for the OA solution, it was less than four months.
IBM – Winner, Risk-to-Compliance: Infusing AI Across the TPRM Lifecycle, Integrated With ProcessUnity
IBM’s global supply chain cyber-risk team was recognized for transforming third-party risk management through a network of specialized AI agents. By automating traditionally manual activities, such as enhancing supplier context, proactively identifying supplier trust and compliance centers, and streamlining assessments, the team reduced cycle time by 50%, enabling analysts to focus on higher-value strategic risk activities.
Infosys – Winner, Order-to-Cash: Agentic AI in Finance
Infosys launched an initiative to transform its order-to-cash operations and accelerate free cash flow, a key chief financial officer (CFO) priority. With accounts receivable (AR) tracking spanning SAP, email, and supplier portals, Infosys BPM identified an opportunity to unify data and modernize collections, and implemented an agentic AI-powered AR overdue management platform built on Infosys Agentic Foundry. The platform orchestrates seven specialized AI agents through a single dashboard to automate overdue tracking across systems while enabling real-time visibility, proactive follow-ups, and end-to-end control. In the first year, the initiative delivered a $62M improvement in free cash flow, a 3.9% reduction in overdue AR, and a 66% reduction in manual processing.
Robert Bosch GmbH – Winner, AI/Automation Center of Excellence: Digital Accelerator Framework (DAF): Commercial Process Reengineering Through AI@Work
Global Business Services at Bosch sought a scalable, process-led approach to identifying and prioritizing high-value AI and automation opportunities across complex global operations. As digital complexity increased, Bosch needed a structured framework to analyze processes and prioritize automation initiatives based on potential value. To address this challenge, Bosch developed the Digital Accelerator Framework (DAF), a structured methodology that includes an AI-powered platform combining process intelligence, lean redesign principles and governed execution to accelerate transformation. The solution was developed by the Bosch Digital Talent Academy, an internal program focused on developing young talent with strong capabilities in software development, data and Al. DAF delivered payback within six months by identifying high-impact automation opportunities and measurable productivity improvements across commercial operations.
Sanofi – Winner, Source-to-Purchase: Procurement Data Booster
Procurement Data Booster exemplifies Sanofi’s business-led, data-driven, and AI-powered approach by transforming heterogeneous documents into accessible, actionable procurement intelligence and unlocking insights from unstructured data that was previously unavailable for systemic analytics. The solution addresses a common challenge, whereby critical information is embedded in contracts, emails, and other records that are not easily captured through traditional reporting tools. Procurement Data Booster has reduced the cycle time for the generation of procurement insights by over 85% and considerably enhanced the quality of decision-making, enabling significant additional value creation.
Sidetrade – Winner, Technology Operations: Agentic Operating Model: How Sidetrade Rebuilt Its Enterprise Around AI
Sidetrade, an order-to-cash intelligence company, sells agentic AI to large enterprises and now runs on it. Rather than adding coding assistants to unchanged processes, it redesigned how software gets built, embedding autonomous AI agents at every delivery stage. The new AI operating model was fully rolled out across their 150-person product and engineering organization, following an initial pilot completed in summer 2025. The gains have been exponential. A feature once scoped 80 person-days now delivered in three, throughput up 26X, with quality gates ensuring speed never costs control. Sidetrade is extending this agentic transformation to customer operations, sales, support and finance, each wave self-funding the next.
The judges also named three finalists:
Ferring Pharmaceuticals – Finalist, Purchase-to-Pay: Agentic AP Fusion: AI Automation for ZeroTouch P2P, Powered by Genpact
Ferring’s accounts payable (AP) function manually processes over 165,000 invoices per year, relying heavily on manual controls, which impacted supplier statement reconciliation and the accuracy of invoice data capture, resulting in increased operational costs and duplicate payments. To solve these problems, the company embedded two AI-powered automation solutions into the procure-to-pay process. The benefits have included elimination of duplicate and erroneous payments, a 60% reduction in manual effort for data capture, and significant savings from efficiency gains, including more efficient working capital.
GSK – Finalist, Source-to-Purchase: Digital Procurement Transformation
GSK was recognized for its innovative approach to enhancing operational efficiency and driving value through digital procurement transformation. GSK consolidated fragmented legacy systems into a unified, AI-powered source-to-pay ecosystem, integrating vendor data, workflows, and a control tower for real-time oversight. This platform, with its supplier portal, real-time invoice tracking, automatic translations and multi-user support, helps GSK’s teams and partners work more efficiently to help deliver vital medicines and vaccines globally.
Tetra Pak – Finalist, Source-to-Purchase: SuM Data Agent
Tetra Pak’s procurement teams faced fragmented data across purchasing, spend and market sources – resulting in slow, inconsistent and intuition-driven decisions. The SuM Data Agent solves this by introducing a conversational AI layer that unifies these domains and delivers instant, traceable insights. Acting as a personal senior analyst, it enables users to validate price changes, detect contract leakage, identify cost savings, prepare negotiations and simulate future scenarios. The solution improves negotiation outcomes and accelerates decision-making by up to 40%. By transforming complex data into clear, actionable intelligence, Tetra Pak drives faster, more confident decisions – unlocking exceptional value, with a projected ROI exceeding 6,000%.
The 2026 submissions reveal a clear playbook for AI success and best practices: prioritize workforce and process transformation over technology adoption, and redesign how work gets done so AI can assist, augment, and act autonomously to deliver measurable business outcomes at scale.
“The winners are proving that AI value comes from redesigning work, not just deploying technology,” said Kyle McNabb, principal and program leader for AI Applied Intelligence at The Hackett Group®. “By embedding AI into workflows and operations, they are delivering measurable performance gains, sustainable ROI and real enterprise value.”
“Organizations are viewing AI as an enabler of enterprise transformation,” added Vin Kumar, principal, AI Enablement and Digital Operations practice at The Hackett Group®. “Moving beyond back-office efficiency, many are now identifying breakthrough opportunities across revenue-generating and R&D functions.”
The 2026 Hackett Innovation Awards highlight how leading organizations are transforming AI from experimentation into scalable enterprise performance advantage.
About The Hackett Group®
The Hackett Group, Inc. (NASDAQ: HCKT) is an ROI-led, AI enterprise transformation firm that helps clients enable AI world-class performance. Its experts and engineers leverage proprietary AI delivery platforms – Hackett AI XPLR™, ZBrain™, XT™, AIXelerator™ and AskHackett™ – to accelerate and enhance the delivery of the company’s solutions and services.
The AI platforms are powered by the company’s domain-specific Hackett Solution Language Model informed by Hackett Process and Performance Intelligence – including Digital World Class® benchmark metrics, best-practice process flows and service delivery model solution frameworks, which accelerate and enhance the delivery of its services. The Hackett Group’s proprietary insights are based on benchmarking results from leading global organizations, including 98% of Dow Jones Global Titans, 97% of the Dow Jones Industrials and 90% of the Fortune 100. Visit www.thehackettgroup.com
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The Hackett Group®, quadrant logo, and Digital World Class® are the registered marks of The Hackett Group®.
This release contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements including without limitation, words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” or other similar phrases or variations of such words or similar expressions indicating, present or future anticipated or expected occurrences or outcomes are intended to identify such forward-looking statements. Forward-looking statements are not statements of historical fact and involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Factors that may impact such forward-looking statements include without limitation, the ability of The Hackett Group® to effectively market its digital transformation services, our ability to transition our capabilities to support generative artificial intelligence (AI)-related consulting services and solutions and other consulting services, our ability to effectively integrate acquisitions into our operations, our ability to manage joint ventures and successfully cooperate with our joint venture partners, competition from other consulting and technology companies that may have or develop in the future, similar offerings, the commercial viability of The Hackett Group® and its services as well as other risk detailed in The Hackett Group’s reports filed with the United States Securities and Exchange Commission. The Hackett Group® does not undertake any duty to update this release or any forward-looking statements contained herein.
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Oklo (OKLO 4.18%) and NuScale Power (SMR 4.42%) are trying to build businesses around small modular nuclear reactors (SMRs). They both have very exciting technology and money-losing businesses. They are start-ups, so that's to be expected. I'm a conservative income investor, so no matter how interesting Oklo and NuScale are, I'm not going to buy either.
But that doesn't mean I can't capitalize on the AI-powered boom driving demand for nuclear power. I've got exposure to that sector, and more, with my investment in Brookfield Renewable (BEP 0.78%)(BEPC 0.58%).
Image source: Getty Images.
What does Broofield Renewable do? As Brookfield Renewable's name implies, it focuses on renewable power, with a global portfolio of clean energy assets, including hydroelectric, solar, wind, and storage. However, it also owns 50% of Westinghouse, a company with a long history of providing products and services to the nuclear power industry. Because nuclear power doesn't emit greenhouse gases, it is considered a clean energy source.
Oklo and NuScale are pure plays, which increases risk, and their technologies are still untested at scale. Either one could turn into a big investment win, and either one could also turn out to be a dud. Brookfield Renewable's business is profitable and built on a foundation of well-understood assets. That includes Westinghouse, which is also working on SMR technology. So I'm not giving up the opportunity; I'm just investing in it in a way that better suits my conservative, dividend-focused investment approach.
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There are two ways to own Brookfield Renewable There's a small complication with Brookfield Renewable. You can buy it in one of two forms, both of which represent the same business and have the same dividend. Brookfield Renewable Partners, which I own, tends to trade at a lower price point because some investors don't want to, or are legally barred from, owning partnerships. Since Brookfield Renewable Corporation trades at a slight premium, its yield is lower, currently around 4.3%, compared to around 4.5% for Brookfield Renewable Partners.
Either one you pick, however, you still get access to the nuclear power demand being driven by the AI revolution. What's interesting, though, is that AI isn't only driving demand for nuclear power; it is also driving demand for clean energy more broadly. Brookfield Renewable, for example, has power supply deals with Microsoft (MSFT +0.42%) and Google. So, all in, Brookfield Renewable can give you more exposure to AI-driven demand than you would get if I bought a pure-play nuclear power stock. And you get to collect that attractive yield, too.
Reuben Gregg Brewer has positions in Brookfield Renewable Partners. The Motley Fool has positions in and recommends Microsoft. The Motley Fool recommends Brookfield Renewable, Brookfield Renewable Partners, and NuScale Power. The Motley Fool has a disclosure policy.
Choosing between Intellia Therapeutics (NTLA +2.88%) and Omeros (OMER +1.53%) in 2026 requires balancing the explosive potential of gene editing against the steady rollout of newly approved orphan disease treatments.
Intellia Therapeutics focuses on permanent genetic cures using CRISPR technology, while Omeros develops protein and small-molecule therapies for rare diseases and cancers. While both operate in the high-risk, high-reward biotech stocks landscape, their financial profiles and clinical milestones offer different paths for retail investors.
Intellia Therapeutics is a clinical-stage leader focused on CRISPR-based gene editing to treat diseases at their genetic source. The company primarily advances therapies for hereditary angioedema (HAE) and transthyretin amyloidosis through its lead programs, lonvoguran ziclumeran and nexiguran ziclumeran. A core pillar of its strategy is a deep collaboration with Regeneron Pharmaceuticals (REGN +0.78%), which involves co-developing therapies for neurological and muscular diseases.
In FY 2025, revenue reached approximately $67.7 million, representing a year-over-year growth rate of nearly 17%. Despite this top-line growth, the company reported a net loss of roughly $412.7 million for the period. This isn;t unusual for a developmental stage biotech company.
As of its December 2025 balance sheet, the company maintains a very low debt-to-equity ratio of nearly 0.1x. This ratio measures total debt relative to shareholders’ equity, indicating a conservative approach to borrowing. Free cash flow was nearly negative $396 million.
The case for Omeros CorpOmeros is transitioning to a commercial-stage company following the FDA’s late 2025 approval of Yartemlea for the treatment of TA-TMA, transplant-associated thrombotic microangiopathy. Beyond its lead product, the company has secured a significant partnership with Novo Nordisk (NVO 0.48%) to develop zaltenibart, a MASP-3 inhibitor. This collaboration provides Omeros with potential milestone payments and royalties, which are essential for its long-term revenue strategy.
For FY 2025, Omeros had no revenue, as its first commercial product had only recently received regulatory approval. The company reported a net loss of approximately $3.4 million, a significant improvement over prior-year losses in the early stage of its commercial transition.
The company’s current balance sheet shows cash on hand of $135.3 million and debt of $226.6 million, a manageable level for an upstart biotech company.
Risk profile comparisonIntellia Therapeutics faces significant risks related to clinical development and regulatory hurdles. The Magnitude trial for nex-z remains on clinical hold following a patient death in late 2025, which could delay potential approvals. However, a similar trial, Magnititude-2, had its clinical hold lifted by the FDA in January. Additionally, the company is involved in complex intellectual property litigation with entities such as BlueAllele Corp. and the Broad Institute over CRISPR patent rights.
Omeros is heavily dependent on the successful market adoption of Yartemlea, its only commercial product. Any failure in physician or payer acceptance could materially harm its financial viability. Furthermore, the company relies on Novo Nordisk for the successful development of zaltenibart and carries significant debt, including convertible notes that are due in 2029.
Valuation comparisonIntellia Therapeutics is not forecast to have earnings so there is no forward price-to-earnings ratio, while Omeros carries a much higher premium to the sector following its recent product approval and smaller equity base.
MetricIntellia TherapeuticsOmerosSector BenchmarkForward P/EN/A58x24.6xP/S ratio28.5x74.2xSector benchmark uses the SPDR XLV sector ETF.
Valuation metrics sourced from Financial Modeling Prep (FMP) and may differ from other data providers.
Which stock would I buy in 2026?Intellia Therapeutics’ CRISPR gene-editing technology for the treatment is showing promising Phase III trial data this spring, leading many to expect that the treatment for HAE could be approved by the FDA in the first half of 2027. If the promise of gene editing comes through, Intellia could have a run of significant treatments for diseases that have no treatment today. However, most of Intellia’s pipeline is very early stage. While the HAE treatment is in Phase III, the last stage before approval, it is worth noting that Phase III drugs are not guaranteed approval, and in some cases, even those that could receive approval are not brought to market because they are seen as unprofitable.
From a financial standpoint, Intella has financial resources for operations through 2028, so there is no urgent need to raise cash. But Wall Street sees the business continuing to post deep losses through 2029.
Omeros Corp is transitioning from a developmental-stage biotech to a commercial operation, so it looks like a safer bet. The company just posted its first-quarter revenue in 2026, reporting $9.89 million in sales of Yartemlea, a figure management says reflects strong interest in the treatment. The business posted huge net income, relative to sales, of $56.06 million, thanks to upfront payments from Novo Nordisk.
Since Yartemlea has just launched, management isn’t estimating sales and income for the current quarter. Sales teams are visiting every transplant facility in the U.S. this quarter to spread the word about the TM-TMA treatment. Wall Street is bullish, expecting about $68 million in revenue this year, then double that in 2027, with net income close to $22 million this year from licensing and a loss of $22 million next year.
Omneros comes at a premium to the sector, but it’s encouraging to see a biotech coming to market with firm initial sales, a very healthy balance sheet, and projections for relatively minor losses next year, followed by consistent profits.
Intellia could be a home run, but there’s a big risk of a swing and miss. Omeros gets the nod.
