Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.
Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times.
A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.
Urban Outfitters (URBN - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:
A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 0.9%, the stock of this clothing and accessories retailer is certainly well-positioned in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. URBN meets this criterion too, as the stock gained 11.1% over the past 12 weeks.
Moreover, the momentum for URBN is fast paced, as the stock currently has a beta of 1.23. This indicates that the stock moves 23% higher than the market in either direction.
Given this price performance, it is no surprise that URBN has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped URBN earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Most importantly, despite possessing fast-paced momentum features, URBN is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. URBN is currently trading at 0.99 times its sales. In other words, investors need to pay only 99 cents for each dollar of sales.
So, URBN appears to have plenty of room to run, and that too at a fast pace.
In addition to URBN, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.
However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.
Click here to sign up for a free trial to the Research Wizard today.
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.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
Zacks Premium includes access to the Zacks Style Scores as well.
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 ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank is a proprietary stock-rating model that harnesses the power of earnings estimate revisions, or changes to a company's earnings expectations, to help investors build a successful portfolio.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.7% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
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: Urban Outfitters (URBN - Free Report) Founded in 1970 and based in Philadelphia, Pennsylvania, Urban Outfitters Inc. (URBN - Free Report) is a lifestyle specialty retailer that offers fashion apparel and accessories, footwear, home decor and gifts products. The company’s merchandises are generally sold directly to consumers through stores, catalogs, call centers and e-commerce platforms. The company has operations in the United States, Canada and Europe.
URBN is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Retail-Wholesale stock. URBN has a Momentum Style Score of A, and shares are up 9.4% over the past four weeks.
Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.14 to $5.97 per share. URBN also boasts an average earnings surprise of +12.2%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, URBN should be on investors' short list.
Urban Outfitters (URBN) remains a buy as Q1 2027 demonstrates broad-based recovery and growth across all segments. UO's turnaround is now driven by regular-price sales, while FP Group and Nuuly are emerging as significant, high-quality growth drivers. Nuuly's subscription model is scaling profitably, contributing $10.1 million EBIT and nearing half a million active subscribers.
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.
Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
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.
#1 (Strong Buy) stocks have produced an unmatched +23.7% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To 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.
The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.
Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Urban Outfitters (URBN - Free Report) Urban Outfitters, Inc. was founded in 1970 and is headquartered in Philadelphia, PA. It is a lifestyle products and services company that sells fashion apparel, accessories, footwear, home goods and related offerings through a portfolio of global consumer brands. The company’s key brands include Anthropologie, Free People, FP Movement, Urban Outfitters and Nuuly. Anthropologie also includes the Terrain and Maeve brands. Free People also includes FP Movement. The company operates in North America and Europe, and also sells through franchise partners in the Middle East.
URBN is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.
It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 11.98; value investors should take notice.
For fiscal 2027, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.14 to $5.97 per share. URBN boasts an average earnings surprise of +12.2%.
With a solid Zacks Rank and top-tier Value and VGM Style Scores, URBN should be on investors' short list.
Urban Outfitters Inc. NASDAQ: URBN delivered a strong first quarter, posting record sales and earnings that topped Wall Street expectations. The results extended the retailer's recent run of strong quarters and highlighted continued strength across its brands.
Investors were pleased with the results, sending shares modestly higher following the earnings release. Since then, however, the stock has drifted lower. The pullback may reflect concerns about tariffs and freight costs, or perhaps some profit-taking after the stock hit an all-time high in January.
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Record Results Driven by Strength Across BrandsFor the first quarter of fiscal 2027, Urban Outfitters, whose portfolio includes retail brands such as Free People, Anthropologie, and Urban Outfitters, reported earnings of $1.30 per share, up from $1.16 a year ago and 18 cents ahead of Wall Street expectations. Revenue rose 11.4% year over year to $1.48 billion, beating estimates by nearly $17 million.
"Our teams delivered another outstanding quarter, exceeding our plans and setting new sales and operating profit records," Chief Operating Officer Frank Conforti said on the earnings call. "All our retail segment brands delivered positive retail segment comps, while four of our five brands posted record first quarter sales."
Free People and FP Movement were particularly strong performers during the quarter, with Free People delivering 12% revenue growth and FP Movement reporting a 32% increase in brand revenue. Together, the FP Group achieved record first-quarter profitability, benefiting from record-low markdown rates, strong store performance, and leverage within the wholesale channel.
The company's clothing rental subscription service, Nuuly, and its wholesale segment also delivered strong results, with revenue increasing 35% and 25%, respectively.
Company Could See High-Single-Digit Sales GrowthDuring the earnings call, Chief Financial Officer Melanie Marein-Efron said Urban Outfitters is off to a solid start in the second quarter and could achieve high-single-digit sales growth in both Q2 and the full fiscal year.
She cautioned, however, that Q2 gross margins could be flat to down about 25 basis points due to lower initial merchandise margins (IMU), higher tariffs, and fuel surcharges tied to the Middle East conflict.
Despite those headwinds, gross margins could expand by about 25 basis points for the full year, aided by an improvement in IMU during the second half. The outlook assumes tariffs remain at 10% through July before increasing to a blended rate of 15% in the second half of FY2027. It also incorporates a roughly 70-basis-point quarterly headwind from elevated fuel surcharges.
Stock Takes a Breather After Strong RunInvestors appeared to anticipate the strong quarter, as Urban Outfitters shares rose more than 4% ahead of the earnings release on higher-than-normal trading volume. The stock gained another nearly 3% in the session following the report, but has since given back those gains. At a recent price of $71.36, shares are trading roughly in line with their pre-earnings level.
Despite the recent pullback, Urban Outfitters has been a strong performer over the longer term. Shares have climbed more than 88% over the past five years as the company has continued to grow sales, expand profitability, and execute well across its brands.
That momentum helped drive the stock to an all-time intraday high of roughly $84 in January. Since then, shares have drifted lower. They are down about 5% year to date, though they remain up more than 8% over the past three months.
Analysts Still See UpsideUrban Outfitters Stock Forecast Today12-Month Stock Price Forecast:
$87.18
12.67% Upside
Moderate Buy
Based on 14 Analyst Ratings
Current Price$77.38High Forecast$100.00Average Forecast$87.18Low Forecast$72.00Urban Outfitters Stock Forecast Details
Following the earnings report, two analysts raised their price targets on the stock, while one reiterated a Hold rating and another lowered its price target.
Overall, Wall Street remains bullish on Urban Outfitters. The stock carries a Moderate Buy rating based on 15 analyst ratings, including eight Buys and seven Holds. The consensus price target of just over $87 implies 20% upside from current levels, with price targets ranging from $72 to $100.
Urban Outfitters trades at about 13X earnings, below the retail industry's average of roughly 16X. However, the stock is more expensive than some apparel retail peers. Abercrombie & Fitch Co. NYSE: ANF, whose shares rallied following a strong first-quarter earnings report, trades at about 7X earnings. American Eagle Outfitters Inc. NYSE: AEO, which fell sharply after reporting first-quarter results, trades at roughly 10X earnings.
Short Interest Remains ElevatedDespite Wall Street's generally bullish outlook, short interest remains elevated. Roughly 7.2 million shares, or 12.4% of the float, were sold short as of May 15. While it's still elevated, the figure has declined from the levels seen over much of the past year, when more than 15% of the float was shorted.
Urban Outfitters continues to execute well, posting record sales and earnings while extending its recent run of strong quarters. While tariffs, freight costs, and a premium valuation relative to some peers may be giving investors pause, analysts remain broadly bullish. If their forecasts prove accurate, the stock could still see meaningful upside from current levels.
Should You Invest $1,000 in Urban Outfitters Right Now?Before you consider Urban Outfitters, you'll want to hear this.
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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 stock to keep an eye on is Urban Outfitters (URBN - Free Report) . URBN is currently sporting a Zacks Rank #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 13.05, while its industry has an average P/E of 15.08. URBN's Forward P/E has been as high as 15.49 and as low as 9.10, with a median of 12.80, all within the past year.
Investors should also recognize that URBN has a P/B ratio of 2.48. 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. This company's current P/B looks solid when compared to its industry's average P/B of 6.22. URBN's P/B has been as high as 2.97 and as low as 1.40, with a median of 2.14, over the past year.
Finally, investors should note that URBN has a P/CF ratio of 10.93. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. URBN's current P/CF looks attractive when compared to its industry's average P/CF of 15. Within the past 12 months, URBN's P/CF has been as high as 12.80 and as low as 7.56, with a median of 10.42.
These are just a handful of the figures considered in Urban Outfitters'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 URBN is an impressive value stock right now.
Investors interested in stocks from the Retail - Apparel and Shoes sector have probably already heard of Urban Outfitters (URBN - Free Report) and Ermenegildo Zegna N.V. (ZGN - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
Currently, Urban Outfitters has a Zacks Rank of #2 (Buy), while Ermenegildo Zegna N.V. has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that URBN has an improving earnings outlook. However, value investors will care about much more than just this.
Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
URBN currently has a forward P/E ratio of 12.16, while ZGN has a forward P/E of 32.20. We also note that URBN has a PEG ratio of 1.38. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. ZGN currently has a PEG ratio of 4.71.
Another notable valuation metric for URBN is its P/B ratio of 2.38. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, ZGN has a P/B of 5.01.
These metrics, and several others, help URBN earn a Value grade of A, while ZGN has been given a Value grade of D.
URBN stands above ZGN thanks to its solid earnings outlook, and based on these valuation figures, we also feel that URBN is the superior value option right now.
After reaching an important support level, Urban Outfitters (URBN - Free Report) could be a good stock pick from a technical perspective. URBN surpassed resistance at the 20-day moving average, suggesting 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.
Similar to other SMAs, if a stock's price moves above the 20-day, the trend is considered positive, while price falling below the moving average can signal a downward trend.
Over the past four weeks, URBN has gained 5.1%. The company is currently ranked a Zacks Rank #2 (Buy), another strong indication the stock could move even higher.
The bullish case only gets stronger once investors take into account URBN's positive earnings estimate revisions. There have been 3 revisions higher for the current fiscal year compared to none lower, and the consensus estimate has moved up as well.
Investors should think about putting URBN on their watchlist given the ultra-important technical indicator and positive move in earnings estimate revisions.
After reaching an important support level, Urban Outfitters, Inc. (URBN - Free Report) could be a good stock pick from a technical perspective. URBN recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.
There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. Typically, a golden cross involves the 50-day and the 200-day moving averages, since bigger time periods tend to form stronger breakouts.
There are three stages to a golden cross. First, there must be a downtrend in a stock's price that eventually bottoms out. Then, the stock's shorter moving average crosses over its longer moving average, triggering a positive trend reversal. The third stage is when a stock continues the upward momentum to higher prices.
A golden cross is the opposite of a death cross, another technical event that indicates bearish price movement may be on the horizon.
URBN has rallied 5.1% over the past four weeks, and the company is a #2 (Buy) on the Zacks Rank at the moment. This combination indicates URBN could be poised for a breakout.
The bullish case solidifies once investors consider URBN's positive earnings outlook. For the current quarter, no earnings estimate has been cut compared to 3 revisions higher in the past 60 days. The Zacks Consensus Estimate has increased too.
Investors should think about putting URBNon their watchlist given the ultra-important technical indicator and positive move in earnings estimates.
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.
Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase, investors find themselves invested in shares that have limited to no upside or even a downside. So, betting on a stock just by looking at the traditional momentum parameters could be risky at times.
It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the Zacks Style Scores system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.
Urban Outfitters (URBN - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:
A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 9.5%, the stock of this clothing and accessories retailer is certainly well-positioned in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. URBN meets this criterion too, as the stock gained 14% over the past 12 weeks.
Moreover, the momentum for URBN is fast paced, as the stock currently has a beta of 1.22. This indicates that the stock moves 22% higher than the market in either direction.
Given this price performance, it is no surprise that URBN has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped URBN earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Most importantly, despite possessing fast-paced momentum features, URBN is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. URBN is currently trading at 0.99 times its sales. In other words, investors need to pay only 99 cents for each dollar of sales.
So, URBN appears to have plenty of room to run, and that too at a fast pace.
In addition to URBN, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.
However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.
Click here to sign up for a free trial to the Research Wizard today.
Jazz Pharmaceuticals (JAZZ - Free Report) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on May 5, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis drugmaker is expected to post quarterly earnings of $4.77 per share in its upcoming report, which represents a year-over-year change of +183.9%.
Revenues are expected to be $978.64 million, up 9% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 1.51% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Jazz?For Jazz, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -5.87%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Jazz will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Jazz would post earnings of $6.62 per share when it actually produced earnings of $6.64, delivering a surprise of +0.30%.
Over the last four quarters, the company has beaten consensus EPS estimates two times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Jazz doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAnother stock from the Zacks Medical - Biomedical and Genetics industry, Krystal Biotech, Inc. (KRYS - Free Report) , is soon expected to post earnings of $1.49 per share for the quarter ended March 2026. This estimate indicates a year-over-year change of +24.2%. Revenues for the quarter are expected to be $112.15 million, up 27.2% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for Krystal Biotech has been revised 0.6% down to the current level. Nevertheless, the company now has an Earnings ESP of +2.18%, reflecting a higher Most Accurate Estimate.
When combined with a Zacks Rank of #4 (Sell), this Earnings ESP makes it difficult to conclusively predict that Krystal Biotech will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
April 30, 2026 08:00 ET | Source: Krystal Biotech, Inc.
PITTSBURGH, April 30, 2026 (GLOBE NEWSWIRE) -- Krystal Biotech, Inc. (the “Company”) (NASDAQ: KRYS) announced today that the Company will be presenting on multiple programs at upcoming scientific conferences being held in May and June.
Presentation details are outlined below.
American Society of Gene & Cell Therapy (ASGCT) 2026 Annual Meeting
Poster Presentation
Title: Evaluation of KB409 and KB410, two HSV-1-based gene therapy vectors for the treatment of primary ciliary dyskinesia (PCD)Presenter: Bruce Nmezi, PhDDate and Time: May 12, 2026 from 5:00PM to 6:30PM ET American Thoracic Society (ATS) International Conference 2026
Oral Presentation
Title: Interim results of the CORAL-1 trial of KB407 for the treatment of cystic fibrosisPresenter: Jorge Lascano, MD, Professor of Medicine, Associate Director of the Adult Cystic Fibrosis Program, and Director of the Cystic Fibrosis Therapeutics Development Center at the University of FloridaDate and Time: May 20, 2026 at 10:03AM ET 2026 American Society of Clinical Oncology (ASCO) Annual Meeting
Poster Presentation
Title: Inhaled delivery of KB707, a novel HSV-based immunotherapy, in combination with pembrolizumab in advanced non-small cell lung cancer: a phase 1/2 studyPresenter: Wen Wee Ma, MBBS, Enterprise Vice Chair for Research and Director of the Novel Cancer Therapeutics Center at Cleveland Clinic Cancer InstituteDate and Time: May 31, 2026 from 9:00AM to 12:00PM CT Additional presentation details will be available to conference attendees. Following completion of each conference, presentation slides or posters, as applicable, will also be available to view online on the Investor section of the Company’s website.
About Krystal Biotech, Inc.
Krystal Biotech, Inc. (NASDAQ: KRYS) is a fully integrated, commercial-stage, global biotechnology company focused on the discovery, development and commercialization of genetic medicines to treat diseases with high unmet medical needs. VYJUVEK®, the Company’s first commercial product, is the first-ever redosable gene therapy and the first genetic medicine approved in the United States, Europe, and Japan for the treatment of dystrophic epidermolysis bullosa. The Company is rapidly advancing a robust preclinical and clinical pipeline of investigational genetic medicines. Krystal Biotech is headquartered in Pittsburgh, Pennsylvania. Visit www.krystalbio.com to learn more or follow us on LinkedIn and X.
Kymera Therapeutics, Inc. (KYMR - Free Report) came out with a quarterly loss of $0.71 per share versus the Zacks Consensus Estimate of a loss of $0.89. This compares to a loss of $0.82 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +20.40%. A quarter ago, it was expected that this company would post a loss of $0.77 per share when it actually produced a loss of $0.97, delivering a surprise of -25.97%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Kymera Therapeutics, which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $34.37 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 211.90%. This compares to year-ago revenues of $22.1 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Kymera Therapeutics shares have added about 4.8% since the beginning of the year versus the S&P 500's gain of 4.2%.
What's Next for Kymera Therapeutics?While Kymera Therapeutics has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Kymera Therapeutics was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.91 on $11.02 million in revenues for the coming quarter and -$3.65 on $36.89 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Biomedical and Genetics is currently in the bottom 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Krystal Biotech, Inc. (KRYS - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 4.
This company is expected to post quarterly earnings of $1.45 per share in its upcoming report, which represents a year-over-year change of +20.8%. The consensus EPS estimate for the quarter has been revised 0.6% lower over the last 30 days to the current level.
Krystal Biotech, Inc.'s revenues are expected to be $112.15 million, up 27.2% from the year-ago quarter.
$116.4 million in 1Q VYJUVEK global revenue and $846.7 million since launch
Enrollment complete in KB803 (corneal abrasions in DEB patients) registrational study
On track for KB803 and KB801 (NK) registrational data readouts in 2026
FDA grants platform technology designation for KB407 (CF) and KB111 (HHD)
Strong balance sheet, ending the quarter with $1.0 billion in cash and investments
PITTSBURGH, May 04, 2026 (GLOBE NEWSWIRE) -- Krystal Biotech, Inc. (the “Company”) (NASDAQ: KRYS) today reported financial results for the first quarter ending March 31, 2026 and provided a business update.
“Following a successful 2025, we are entering 2026 with strong momentum, including two potential registrational study readouts and continued global expansion for VYJUVEK,” said Krish S. Krishnan, Chairman and Chief Executive Officer of Krystal Biotech. “With three pipeline products receiving platform designation, each development milestone strengthens the regulatory dataset, which could accelerate future programs and potentially reduce development risk. This compounding advantage underscores the value of the platform model we have been building since day one.”
VYJUVEK® (beremagene geperpavec-svdt, or B-VEC)
for the Treatment of Dystrophic Epidermolysis Bullosa (DEB)
The Company recorded $116.4 million in VYJUVEK net product revenue for the first quarter of 2026, an increase of 32% compared to the prior year first quarter. Gross margin for the first quarter of 2026 was 95%.
In the United States, the Company has secured over 695 reimbursement approvals for VYJUVEK and continues to broaden the prescriber base across the country, with over 60 new prescribers in the first quarter of 2026 and over 570 unique prescribers since launch. The Company has also launched patient support initiatives that leverage the recent VYJUVEK label update and increased administration flexibility to help DEB patients and their families conveniently integrate VYJUVEK into lifelong wound healing routines as their standard of care.
Overseas, the Company estimates that over 140 patients in Germany, France and Japan have been prescribed VYJUVEK. Pricing discussions with German and French reimbursement authorities are ongoing. The Company expects negotiations to continue until at least 2H 2026 in Germany and 2027 in France. The Company is also advancing pricing discussions with reimbursement authorities in Italy to enable a potential launch in 2H 2026 and recently initiated pricing discussions with Spanish reimbursement authorities. Based on initial interactions with Spanish authorities, the Company now expects to launch in Spain in 2H 2026. The timing of launch in other European jurisdictions will depend on the cadence and outcomes of regulatory interactions and pricing negotiations.
Ophthalmology
Two registrational readouts anticipated in 2026
KB803 for the treatment and prevention of corneal abrasions in DEB patients
The Company’s registrational, intra-patient, double-blind, decentralized, placebo-controlled study (IOLITE) with crossover design evaluating KB803 for the treatment and prevention of corneal abrasions in DEB patients is now fully enrolled. A total of 16 patients have been enrolled in the study. The primary efficacy endpoint of IOLITE will be the change in the average number of days per month with corneal abrasion symptoms while receiving KB803 versus placebo. The Company estimates that, as enrolled, IOLITE has at least 90% power to detect an effect size of at least 25% reduction in symptom days, allowing for a dropout rate up to 20%. Powering assumptions are based on the average symptomatic days per month and standard deviation data from subjects enrolled in the natural history study who would be eligible for IOLITE. The Company expects to report top-line results in 4Q 2026. Details about the study can be found at www.clinicaltrials.gov under NCT identifier: NCT07016750.
KB801 for the treatment of neurotrophic keratitis (NK)
The Company continues to enroll in EMERALD-1, the Company’s registrational, 1:1 randomized, double-masked, multicenter, placebo-controlled study evaluating KB801 for the treatment of NK. The Company expects to complete full enrollment of 60 patients in EMERALD-1 and announce data before year end. Details about the study can be found at www.clinicaltrials.gov under NCT identifier: NCT06999733.
Respiratory
KB407 for the treatment of cystic fibrosis (CF)
In April, the United States Food and Drug Administration (FDA) granted platform technology designation to the genetically modified, non-replicating herpes simplex virus type 1 viral vector used in KB407, providing the program with the same potential development and manufacturing efficiencies previously granted to KB801. Potential benefits of the designation include shortening of preclinical and chemistry, manufacturing, and controls (CMC) review cycles during development for follow-on products, creating a compounding regulatory advantage.
Based on interactions with the FDA, the Company is initiating an open label, single-arm study to evaluate safety of repeat dose KB407 for 24 weeks in five patients with CF who are ineligible for, do not tolerate, or do not benefit from modulator therapy. Dosing is expected to start later this month. Details of the study can be found at www.clinicaltrials.gov under NCT identifier: NCT05504837. The Company expects to complete enrollment in 2Q 2026 and report results before year end.
Concurrently, the Company is working closely with the FDA and the Cystic Fibrosis Foundation (CFF) on an innovative registrational study design and statistical analysis plan that explores using prospectively collected natural history data from the CFF to supplement placebo control data for evaluation of KB407 treatment effect. The Company will share the design and associated statistical analysis of the registrational study following alignment with the FDA, which is anticipated in 2H 2026, and expects to initiate the registrational study in 2027.
Previously, in January, the Company announced the successful delivery and expression of wild-type cystic fibrosis transmembrane conductance regulator protein in the lungs of patients with CF treated with KB407.
KB408 for the treatment of alpha-1 antitrypsin deficiency (AATD) lung disease
The Company continues to enroll in repeat dose Cohort 2B of SERPENTINE-1, the Company’s open label dose escalation study evaluating KB408 in adult patients with AATD with a Pi*ZZ or a Pi*ZNull genotype and expects to report interim data for this cohort in 2026. Cohort 2B is designed to evaluate the safety and tolerability of repeat KB408 dosing at the same dose level that was previously shown to safely deliver SERPINA1 to the lungs of AATD patients after a single dose. Details of the study can be found at www.clinicaltrials.gov under NCT identifier NCT06049082.
Dermatology
KB111 for the treatment of Hailey-Hailey disease (HHD)
In April, the FDA also granted platform technology designation to the genetically modified, non-replicating herpes simplex virus type 1 viral vector used in KB111, providing the program with the same regulatory efficiencies available for KB801 and KB407. The Company is developing an HHD-specific severity scale necessary for the clinical evaluation of KB111 and expects to complete scale development and validation in 1H 2026. Later this month, the Company also expects to initiate HALITE-1, an open-label study evaluating the safety of repeat dose KB111, administered once weekly for 12 weeks, in approximately seven patients with HHD. The Company expects to report HALITE-1 study results in 2H 2026. The Company also plans to submit the results from HALITE-1 along with the registrational study design for discussions with the FDA in 2H 2026 to enable a potential registrational study start in 2027.
Oncology
Inhaled KB707 for the treatment of non-small cell lung cancer (NSCLC)
The Company is enrolling patients with advanced NSCLC in a dose expansion cohort of KYANITE-1 evaluating inhaled KB707 in combination with chemotherapy. KYANITE-1 is a Phase 1/2 open label, multi-center, dose escalation and expansion study evaluating inhaled KB707, either as monotherapy or in combination, in patients with locally advanced or metastatic solid tumors of the lung. The Company expects to report interim efficacy data and potential registrational study plans later this year. Details of the study can be found at www.clinicaltrials.gov under NCT identifier NCT06228326.
Intratumoral KB707 for the treatment of injectable solid tumors
The Company continues to follow patients previously enrolled in OPAL-1, the Company’s Phase 1/2 open label, multi-center, dose escalation and expansion study evaluating intratumoral KB707 in patients with locally advanced or metastatic solid tumor malignancies. The Company will update development plans for intratumoral KB707 as additional safety and efficacy data are collected from the study. Details of the study can be found at www.clinicaltrials.gov under NCT identifier NCT05970497.
Aesthetics
KB304 for the treatment of wrinkles of the décolleté
Jeune Aesthetics, Inc., a wholly owned subsidiary of the Company, expects to initiate a Phase 2 study of its lead program KB304 in 2027.
Financial Results for the Three Months Ended March 31, 2026:
Product revenue, net totaled $116.4 million and $88.2 million for the three months ended March 31, 2026 and March 31, 2025, respectively.Cost of goods sold totaled $6.3 million and $5.0 million for the three months ended March 31, 2026 and March 31, 2025, respectively.Research and development expenses for the three months ended March 31, 2026 were $15.3 million, inclusive of $2.2 million of stock-based compensation, compared to $14.3 million, inclusive of stock-based compensation of $2.5 million for the three months ended March 31, 2025.Selling, general, and administrative expenses for the three months ended March 31, 2026 were $41.0 million, inclusive of stock-based compensation of $11.4 million, compared to $32.6 million, inclusive of stock-based compensation of $11.0 million, for the three months ended March 31, 2025.Net income for the three months ended March 31, 2026 was $55.9 million, or $1.91 per common share (basic) and $1.83 per common share (diluted). Net income for the three months ended March 31, 2025 was $35.7 million, or $1.24 per common share (basic) and $1.20 per common share (diluted).For additional information on the Company’s financial results for the three months ended March 31, 2026, please refer to the Form 10-Q filed with the SEC. Financial Guidance
($ in millions) FY 2026 GuidanceNon-GAAP Research and Development (“R&D”) and Selling, General and Administrative (“SG&A”) expense(1) $175.0 - $195.0 (1) Refer to Non-GAAP Financial Measures section below for additional information. Non-GAAP combined R&D and SG&A expense guidance does not include stock-based compensation as we are currently unable to confidently estimate Full Year 2026 stock-based compensation expense. As such, we have not provided a reconciliation from forecasted non-GAAP to forecasted GAAP combined R&D and SG&A Expense in the above. This could materially affect the calculation of forward-looking GAAP combined R&D and SG&A Expense as it is inherently uncertain.
Conference Call
The Company will host an investor webcast on May 4, 2026, at 8:30 am ET.
Investors and the general public can access the live webcast at:
https://www.webcaster5.com/Webcast/Page/3018/53916.
For those unable to listen to the live conference call, a replay will be available for 30 days on the Investors section of the Company’s website at www.krystalbio.com.
About VYJUVEK
VYJUVEK is a non-invasive, topical, redosable genetic medicine designed to deliver two copies of the COL7A1 gene when applied directly to DEB wounds. VYJUVEK was designed to treat DEB at the molecular level by providing the patient’s skin cells the template to make normal COL7 protein, thereby addressing the fundamental disease-causing mechanism. VYJUVEK is approved in the United States, Europe, and Japan.
U.S. INDICATION
VYJUVEK is a herpes-simplex virus type 1 (HSV-1) vector-based gene therapy indicated for the treatment of wounds in adult and pediatric patients with dystrophic epidermolysis bullosa with mutation(s) in the collagen type VII alpha 1 chain (COL7A1) gene.
IMPORTANT SAFETY INFORMATION
Adverse Reactions
The most common adverse drug reactions (incidence >5%) were itching, chills, redness, rash, cough, and runny nose. These are not all the possible side effects with VYJUVEK. Call your healthcare provider for medical advice about side effects.
To report SUSPECTED ADVERSE REACTIONS, contact Krystal Biotech, Inc. at 1-844-557-9782 or FDA at 1-800-FDA-1088 or http://www.fda.gov/medwatch.
Contraindications
None.
Warnings and Precautions
VYJUVEK gel may be applied by a healthcare provider, a caregiver, or the patient.
After treatment, patients and caregivers should be careful not to touch treated wounds and dressings until the next dressing change.
Wash hands and wear protective gloves when changing wound dressings. Disinfect bandages from the first dressing change with a virucidal agent, and dispose of the disinfected bandages in a separate sealed plastic bag in household waste. Dispose of the subsequent used dressings in a sealed plastic bag in household waste.
Patients should avoid touching or scratching wound sites or wound dressings.
In the event of an accidental exposure flush with clean water for at least 15 minutes.
For more information, see full U.S. Prescribing Information.
About Krystal Biotech, Inc.
Krystal Biotech, Inc. (NASDAQ: KRYS) is a fully integrated, commercial-stage, global biotechnology company focused on the discovery, development and commercialization of genetic medicines to treat diseases with high unmet medical needs. VYJUVEK®, the Company’s first commercial product, is the first-ever redosable gene therapy and the first genetic medicine approved in the United States, Europe, and Japan for the treatment of dystrophic epidermolysis bullosa. The Company is rapidly advancing a robust preclinical and clinical pipeline of investigational genetic medicines. Krystal Biotech is headquartered in Pittsburgh, Pennsylvania. Visit www.krystalbio.com to learn more or follow us on LinkedIn and X.
About Jeune Aesthetics, Inc.
Jeune Aesthetics, Inc., a wholly-owned subsidiary of Krystal Biotech, Inc., is a biotechnology company leveraging a clinically validated gene delivery platform to develop products to fundamentally address – and reverse – the biology of aging and/or damaged skin. For more information, please visit http://www.jeuneinc.com.
Forward-Looking Statements
Statements in this press release about future expectations, plans, and prospects, as well as statements that are not historical facts, including statements about, among other topics, our combined R&D and SG&A expense guidance; our commercial launch of VYJUVEK in the U.S., Europe, and Japan, including our expectations regarding timing of pricing discussions in Germany and France and pricing discussions with the reimbursement authorities in Italy and Spain and potential commercial launches in those countries in 2H 2026; and our expectations for our product pipeline, including our clinical trial plans, enrollment in our clinical trials, the timing of development and validation of an HHD-specific evaluation scale, and the timing of discussions with the FDA and data read-outs from our clinical trials may constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Undue reliance should not be placed on the forward-looking statements in this press release. These statements are not guaranties of future performance and actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including uncertainties associated with regulatory review of clinical trials and applications for marketing approvals; the availability and commercial potential of VYJUVEK or our product candidates; and such other important factors as are set forth under the caption “Risk Factors” in the Company’s annual and quarterly reports on file with the U.S. Securities and Exchange Commission. The Company is providing the information in this press release as of the date hereof and undertakes no duty to update this information unless required by law.
Non-GAAP Financial Measures
This press release includes forward-looking combined R&D and SG&A expense guidance that is not required by, or presented in accordance with, U.S. GAAP and should not be considered as an alternative to R&D and SG&A expense or any other performance measure derived in accordance with GAAP. The Company defines non-GAAP combined R&D and SG&A expense as GAAP combined R&D and SG&A expense excluding stock-based compensation expense. The Company cautions investors that amounts presented in accordance with its definition of non-GAAP combined R&D and SG&A expense may not be comparable to similar measures disclosed by competitors because not all companies calculate this non-GAAP financial measure in the same manner. The Company presents this non-GAAP financial measure because it considers this measure to be an important supplemental measure and believes it is frequently used by securities analysts, investors, and other interested parties in the evaluation of companies in the Company’s industry. Management believes that investors’ understanding of the Company’s performance is enhanced by including this forward-looking non-GAAP financial measure as a reasonable basis for comparing the Company’s ongoing results of operations. Management uses this non-GAAP financial measure for planning purposes, including the preparation of the Company’s internal annual operating budget and financial projections; to evaluate the performance and effectiveness of the Company’s operational strategies; and to evaluate the Company’s capacity to expand its business. This non-GAAP financial measure has limitations as an analytical tool, and should not be considered in isolation, or as an alternative to, or a substitute for R&D and SG&A expense or other financial statement data presented in accordance with GAAP in the Company’s consolidated financial statements. The Company has not provided a quantitative reconciliation of forecasted non-GAAP combined R&D and SG&A expense to forecasted GAAP combined R&D and SG&A expense because the Company is unable, without making unreasonable efforts, to calculate the reconciling item, stock-based compensation expenses, with confidence. This item, which could materially affect the computation of forward-looking GAAP combined R&D and SG&A expense, is inherently uncertain and depends on various factors, some of which are outside of the Company’s control.
March 31,
2026 December 31,
2025(in thousands)(unaudited) Balance sheet data: Cash and cash equivalents$501,313 $496,304Short-term investments 322,092 331,487Long-term investments 193,485 128,066Total assets 1,396,967 1,333,794Total liabilities 120,238 114,234Total stockholders’ equity$1,276,729 $1,219,560 Condensed Consolidated Statements of Operations:
Three Months Ended March 31, 2026 2025 Change(in thousands, except per share data)(unaudited) Revenue Product revenue, net$116,357 $88,183 $28,174Operating Expenses Cost of goods sold 6,323 5,028 1,295Research and development 15,331 14,256 1,075Selling, general, and administrative 41,014 32,647 8,367Total operating expenses 62,668 51,931 10,737Income from operations 53,689 36,252 17,437Other income Interest and other income, net 7,753 7,345 408Income before income taxes 61,442 43,597 17,845Income tax expense (5,510) (7,864) 2,354Net income$55,932 $35,733 $20,199 Net income per common share: Basic$1.91 $1.24 Diluted$1.83 $1.20 Weighted-average common shares outstanding: Basic 29,288 28,815 Diluted 30,507 29,871
Krystal Biotech, Inc. (KRYS - Free Report) came out with quarterly earnings of $1.83 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.2 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +26.21%. A quarter ago, it was expected that this company would post earnings of $1.62 per share when it actually produced earnings of $1.7, delivering a surprise of +4.94%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Krystal Biotech, which belongs to the Zacks Medical - Biomedical and Genetics industry, posted revenues of $116.36 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 3.75%. This compares to year-ago revenues of $88.18 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Krystal Biotech shares have added about 7.9% since the beginning of the year versus the S&P 500's gain of 5.6%.
What's Next for Krystal Biotech?While Krystal Biotech has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Krystal Biotech was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.62 on $118 million in revenues for the coming quarter and $7.58 on $535 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Medical - Biomedical and Genetics is currently in the bottom 44% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Vir Biotechnology, Inc. (VIR - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026. The results are expected to be released on May 6.
This company is expected to post quarterly loss of $0.01 per share in its upcoming report, which represents a year-over-year change of +98.9%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Vir Biotechnology, Inc.'s revenues are expected to be $175.55 million, up 5693.8% from the year-ago quarter.
Key Takeaways KRYS beat Q1 estimates with EPS of $1.83 and revenues of $116.4M, up 32% year over year.Vyjuvek drove all revenues, with strong uptake and 695 U.S. reimbursement approvals boosting access.Shares gained ~8% post-earnings. Pipeline progress and multiple 2026 data readouts add momentum. Krystal Biotech (KRYS - Free Report) reported first-quarter 2026 earnings per share (EPS) of $1.83, which surpassed the Zacks Consensus Estimate of $1.45. The reported EPS was up from $1.20 in the year-ago quarter.
Revenues of $116.4 million rose 32% year over year in the reported quarter, beating the Zacks Consensus Estimate of $112 million. Revenues came in solely from Vyjuvek sales.
The FDA approved Krystal’s lead drug, Vyjuvek, the first-ever revocable gene therapy, in 2023 for the treatment of patients aged six months or older with dystrophic epidermolysis bullosa (DEB), a rare and severe monogenic disease that affects the skin and mucosal tissues. The drug has also been approved by the FDA for the treatment of DEB patients from birth, with authorization for at-home administration by patients or their caregivers.
The company secured more than 695 reimbursement approvals for Vyjuvek in the United States, supporting nationwide access. Internationally, robust patient demand continues to drive steady uptake following the launches in Germany, France and Japan, with more than 140 patients being prescribed the therapy across these markets.
Shares of KRYS rose nearly 8% on Monday, likely driven by the better-than-expected earnings results.
Year to date, shares of KRYS have risen 16.4% against the industry’s 3.2% decline.
Image Source: Zacks Investment Research
KRYS’ Q1 Earnings in DetailThe top line comprises product revenues from Krystal’s only marketed drug, Vyjuvek.
Krystalgenerated $116.4 million in product revenues from Vyjuvek, up from $88.2 million in the year-ago quarter, driven by strong patient uptake.
The gross margin in the reported quarter was 95%.
Research and development (R&D) expenses were approximately $15.3 million, including stock-based compensation, up 7.5% year over year. Selling, general and administrative (SG&A) expenses totaled approximately $41 million, including stock-based compensation, up 25.6% from the year-ago level. This increase was primarily due to increased headcount, legal and consulting services, and marketing costs to support the global launches of Vyjuvek.
As of March 31, 2026, cash, cash equivalents and investments totaled approximately $1 billion compared with $955.9 million as of Dec. 31, 2025.
2026 GuidanceKrystal Biotech reiterated its non-GAAP combined R&D and SG&A expense guidance of $175 million to $195 million for full-year 2026.
KRYS' Recent Pipeline UpdatesFor Vyjuvek, pricing negotiations with reimbursement authorities remain ongoing in Germany and France and are expected to continue through at least the second half of 2026 and 2027, respectively. The company expects to launch the drug in Spain in the second half of 2026.
Krystal is also advancing a robust clinical pipeline of investigational genetic medicines in the fields of respiratory, oncology, dermatology, ophthalmology and aesthetics.
On the respiratory front, the company has two candidates in its pipeline — KB407 and KB408.
The company is evaluating KB407 for the treatment of cystic fibrosis (CF). Based on discussions with the FDA, Krystal is initiating an open-label study to test repeat-dose KB407 in CF patients who cannot use or benefit from existing therapies. Patient enrollment is expected to be completed in the second quarter of 2026 and results are anticipated by the end of the year.
Concurrently, Krystal is collaborating with the FDA and the Cystic Fibrosis Foundation on an innovative registrational study design that may use real-world patient data to support evaluation of KB407’s treatment effect. It plans to finalize and share the study design following FDA alignment in the second half of 2026, with the registrational study expected to begin in 2027.
KB408 is being evaluated for the treatment of alpha-1 antitrypsin deficiency (AATD) lung disease. Enrollment is ongoing in repeat-dose Cohort 2B of the SERPENTINE-1 study, with interim results expected in 2026.
In the ophthalmology space, another candidate, KB803, is being evaluated in IOLITE, a phase III randomized, placebo-controlled crossover study for the treatment and prevention of corneal abrasions in DEB patients. Patient enrollment has been completed, with top-line data anticipated in the fourth quarter of 2026.
Krystal is also evaluating KB801 for the treatment of patients with neurotrophic keratitis (NK). A registrational, randomized, double-masked, placebo-controlled study, EMERALD-1, is evaluating the safety and tolerability of topical ocular administration of KB801 in patients with NK. Patient enrollment is currently ongoing and top-line data from the study is expected in 2026.
On the oncology front, Krystal has a promising candidate, KB707, which is being developed for the treatment of solid lung tumors.
Krystal is currently enrolling patients in the dose-expansion cohort of its phase I/II KYANITE-1 study, which is evaluating inhaled KB707 as monotherapy and in combination with chemotherapy in patients with advanced lung tumors.
In the aesthetics space, the company’s wholly owned subsidiary, Jeune Aesthetics, is currently developing KB304 for the treatment of wrinkles of the décolleté. The company expects to initiate a mid-stage study in 2027.
KRYS’ Zacks Rank & Stocks to ConsiderKrystal Biotech currently carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the biotech sector are Castle Biosciences (CSTL - Free Report) and Indivior Pharmaceuticals (INDV - Free Report) , each currently sporting a Zacks Rank #1 (Strong Buy) and Catalyst Pharmaceuticals (CPRX - Free Report) , which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Over the past 60 days, estimates for Castle Biosciences’ 2026 loss per share have narrowed from $1.42 to $1.40. Over the same period, loss per share estimates for 2027 have also narrowed from 79 cents to 78 cents. CSTL shares have lost 34.4% year to date.
Castle Biosciences’ earnings beat estimates in three of the trailing four quarters and missed in the remaining one, with the average surprise being 34.69%.
Over the past 60 days, estimates for Indivior Pharmaceuticals’ 2026 earnings per share have increased from $3.03 to $3.26. Over the same period, EPS estimates for 2027 have risen from $3.40 to $3.57. INDV shares have risen 8.6% year to date.
Indivior Pharmaceuticals’ earnings beat estimates in each of the trailing four quarters, with the average surprise being 65.44%.
Over the past 60 days, estimates for Catalyst Pharmaceuticals’ 2026 earnings per share have declined from $2.82 to $2.79. Over the same period, EPS estimates for 2027 have surged from $3.20 to $3.28. CPRX shares have gained 24% year to date.
Catalyst Pharmaceuticals’ earnings beat estimates in each of the trailing four quarters, with the average surprise being 35.19%.
Krystal Biotech Inc (NASDAQ:KRYS) reported upbeat earnings for the first quarter on Monday.
The company posted quarterly earnings of $1.83 per share which beat the analyst consensus estimate of $1.39 per share. The company reported quarterly sales of $116.357 million which beat the analyst consensus estimate of $112.132 million.
Krystal Biotech shares fell 1% to trade at $284.01 on Tuesday.
These analysts made changes to their price targets on Krystal Biotech following earnings announcement.
Evercore ISI Group analyst Gavin Clark-Gartner maintained Krystal Biotech with an Outperform rating and raised the price target from $295 to $300. Citigroup analyst Yigal Nochomovitz maintained the stock with a Buy and raised the price target from $371 to $378. Considering buying KRYS stock? Here’s what analysts think:
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Krystal Biotech delivered strong Q1 2026 results, with Vyjuvek sales up 32% YoY to $116.4M and gross margin expanding to 95%. KRYS's robust balance sheet ($823M cash and negligible debt) and disciplined capital allocation fund a broad clinical pipeline without dilution risk. Two registrational readouts in 2026 and two more enrolling in 2027, position KRYS for significant pipeline-driven upside beyond Vyjuvek.
May 07, 2026 08:00 ET | Source: Krystal Biotech, Inc.
PITTSBURGH, May 07, 2026 (GLOBE NEWSWIRE) -- Krystal Biotech, Inc. (the “Company”) (NASDAQ: KRYS) today announced that the Company will participate in the BofA Securities 2026 Health Care Conference on May 13, 2026, in Las Vegas. Krish S. Krishnan, Chairman and Chief Executive Officer, will take part in a fireside chat scheduled at 11:20 am PT and host investor meetings throughout the day.
A webcast of the presentation will be available here beginning at 11:20 am PT on Wednesday, May 13, 2026 and will be posted on the Investors section of the Company’s website.
About Krystal Biotech, Inc.
Krystal Biotech, Inc. (NASDAQ: KRYS) is a fully integrated, commercial-stage, global biotechnology company focused on the discovery, development and commercialization of genetic medicines to treat diseases with high unmet medical needs. VYJUVEK®, the Company’s first commercial product, is the first-ever redosable gene therapy and the first genetic medicine approved in the United States, Europe, and Japan for the treatment of dystrophic epidermolysis bullosa. The Company is rapidly advancing a robust preclinical and clinical pipeline of investigational genetic medicines. Krystal Biotech is headquartered in Pittsburgh, Pennsylvania. Visit www.krystalbio.com to learn more or follow us on LinkedIn and X.
SummaryKrystal Biotech leverages its HSV-1 gene delivery platform, with VYJUVEK generating strong cash flow and 95% gross margins since FDA approval.KRYS is rated Buy, justified by a robust pipeline—especially oncology flagship KB707—and a $1B cash position supporting R&D without dilution risk.VYJUVEK's international rollout and pipeline catalysts could drive annual net income to $1.8–$2.9B, with forward PE potentially as low as 2.9–4.6.Risks include high dependency on VYJUVEK and clinical trial outcomes, but a diversified pipeline and regulatory fast tracks significantly de-risk the long-term thesis.Getty Images
Krystal Biotech (KRYS) is well known for its HSV-1 (Herpes Simplex Virus Type 1) viral vector platform, which is how they tackle Dystrophic Epidermolysis Bullosa (DEB) with their leading asset VYJUVEK. Most traditional gene therapies use AAV (adeno-associated virus) vectors, but the issue with these is
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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May 18, 2026 08:00 ET | Source: Krystal Biotech, Inc.
VYJUVEK approved for the treatment of DEB from birth with flexible administration options similar to those already granted in the United States, European Union, and Japan
VYJUVEK is the first genetic medicine approved in the United Kingdom for the treatment of DEB
PITTSBURGH, May 18, 2026 (GLOBE NEWSWIRE) -- Krystal Biotech, Inc. (the “Company”) (NASDAQ: KRYS) today announced that, on May 15, 2026, the United Kingdom Medicines and Healthcare products Regulatory Agency (MHRA) granted marketing authorization to VYJUVEK® (beremagene geperpavec-svdt) for the treatment of wounds in patients with dystrophic epidermolysis bullosa (DEB) with mutation(s) in the collagen type VII alpha 1 chain (COL7A1) gene, from birth.
VYJUVEK is the first genetic medicine approved in the United Kingdom for the treatment of DEB and is designed to address the root cause of the disease by delivering functional copies of the human COL7A1 gene to provide wound healing and sustained functional type VII collagen protein expression with redosing. The approval in the United Kingdom also includes flexible administration options similar to those granted in the United States, European Union, and Japan, allowing for dosing at home or in a healthcare setting, with the option for administration by patients or their caregivers.
“This latest approval brings VYJUVEK closer to patients in the United Kingdom and advances our vision of providing corrective therapy to as many DEB patients as possible,” said Laurent Goux, Executive Vice President, Head of International at Krystal Biotech. “We are now focused on close collaboration with relevant authorities to support broad and rapid access across the United Kingdom.”
VYJUVEK also fulfilled the United Kingdom Orphan Designation criteria and will be added to the Orphan Register held by the MHRA, allowing it to benefit from up to 12 years of market exclusivity.
The approval of VYJUVEK by the MHRA was based on a comprehensive clinical dataset including results from the Company’s Phase 1/2 GEM-1 and Phase 3 GEM-3 studies, which collectively provided clear clinical evidence of successful COL7A1 gene delivery and durable wound closure following topical administration, and was further supported by results from the Company’s open label extension study and real-world experience with VYJUVEK.
The timing for launch of VYJUVEK in the United Kingdom will depend on completion of reimbursement procedures currently underway.
“We are delighted that VYJUVEK is now approved in the United Kingdom as the first and only corrective therapy for the treatment of DEB,” said Suma Krishnan, President of Research and Development at Krystal Biotech. “This positive decision by the MHRA, our fourth approval following the United States, European Union, and Japan, reflects both the strength of our clinical dataset and our commitment to maximizing access to VYJUVEK worldwide.”
VYJUVEK was previously approved by the Food and Drug Administration in the United States in May 2023, the European Commission in April 2025, and Japan’s Ministry of Health, Labour and Welfare in July 2025.
UNITED KINGDOM INDICATION
VYJUVEK is indicated for the treatment of wounds in patients with dystrophic epidermolysis bullosa (DEB) with mutation(s) in the collagen type VII alpha 1 chain (COL7A1) gene, from birth.
About Krystal Biotech, Inc.
Krystal Biotech, Inc. (NASDAQ: KRYS) is a fully integrated, commercial-stage, global biotechnology company focused on the discovery, development and commercialization of genetic medicines to treat diseases with high unmet medical needs. VYJUVEK®, the Company’s first commercial product, is the first-ever redosable gene therapy and the first genetic medicine approved in the United States, Europe, and Japan for the treatment of dystrophic epidermolysis bullosa. The Company is rapidly advancing a robust preclinical and clinical pipeline of investigational genetic medicines. Krystal Biotech is headquartered in Pittsburgh, Pennsylvania. Visit www.krystalbio.com to learn more or follow us on LinkedIn and X.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, but not limited to, statements regarding the timing of the launch of, and access to, VYJUVEK in the United Kingdom, and the completion of related reimbursement procedures; the potential duration of orphan market exclusivity in the United Kingdom; and the Company’s commitment to maximizing access to VYJUVEK worldwide. Words such as “anticipate,” “believe,” “expect,” “intend,” “plan,” “will,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on the Company’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including risks related to reimbursement for VYJUVEK; uncertainties associated with the maintenance of orphan designation and exclusivity in the United Kingdom; commercial and competitive risks; and such other important factors as are set forth under the caption “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements except as required by law.
NORWOOD, Mass., May 21, 2026 (GLOBE NEWSWIRE) -- Corbus Pharmaceuticals Holdings, Inc. (Nasdaq: CRBP), a clinical-stage company focused on developing promising new therapies in oncology and obesity, today announced that the Company’s management team will host a conference call and webcast on Tuesday, May 26 at 8:00 a.m. EDT to discuss updated data for its Phase 1/2 study of CRB-701, a next-generation Nectin-4 antibody drug candidate (ADC), in both head and neck squamous cell carcinoma (HNSCC) as well as cervical cancer. The data, which will be presented at the upcoming 2026 American Society of Clinical Oncology (ASCO) Annual Meeting, represent an April 1, 2026 data cut, and will include clinical response durability data as well as HNSCC patient subgroup analysis.
Corbus also announced today the appointment of former Evercore Managing Director Nishant Saxena as the Company’s first Chief Business Officer, as it advances toward two key anticipated pipeline milestones this summer: the initiation of a registrational study of CRB-701 in second-line HNSCC and the completion of the CANYON-1 Phase 1b dose-ranging, 16-week study (n=240) for CRB-913, a highly peripherally restricted oral CB1 inverse agonist.
“Nishant is an accomplished industry executive with deep expertise across mergers and acquisitions, licensing, partnerships, and capital markets,” said Yuval Cohen, Ph.D., CEO of Corbus. “His proven track record of unlocking and delivering value coincides with our transition from an early clinical-stage company to one entering registrational-stage clinical development. We are excited and grateful that he has chosen to join the Corbus team.”
Mr. Saxena commented, “The emerging clinical data for CRB-701 in oncology and CRB-913 in obesity are very encouraging, and the Corbus team has done an incredible job advancing these two assets toward important milestones this year,” said Mr. Saxena. “I am excited by the clinical and commercial potential for both of these assets, and I look forward to working with Yuval and the rest of the leadership team to advance this portfolio toward its full value and impact.”
Nishant Saxena Biographical Details
Mr. Saxena has over 20 years of experience in finance, strategy, capital markets, mergers and acquisitions, and corporate development. Most recently, he was Chief Financial Officer at Jeune Aesthetics, Inc., a wholly owned subsidiary of Krystal Biotech, Inc. (NASDAQ: KRYS). Previously, Mr. Saxena spent over 15 years at Evercore, most recently as a Managing Director in the healthcare group, where he advised on transactions totaling over $500 billion in aggregate value. Mr. Saxena led numerous client engagements and advised on mergers and acquisitions, private placements, initial public offerings, follow-on offerings, partnerships, and structured financing. Earlier in his career, Mr. Saxena held positions of increasing responsibility in private equity, venture capital, and investment advisory firms. Mr. Saxena received a B.S. in Economics and an MBA from the Wharton School at the University of Pennsylvania.
Date:Tuesday, May 26, 2026Time:8:00 a.m. EDTInvestors Dial1-877-704-4453Int’l Investors Dial1-201-389-0920Conference ID13760531Webcast: Click hereCallMe™:Click here A replay will be available on the Corbus website.
CRB-701 2026 ASCO Data Presentation Details
The oral presentation titled, “A phase 1/2 study of the next-generation Nectin-4-targeting antibody–drug conjugate CRB-701 (SYS6002) in patients with recurrent or metastatic cervical cancer,” will be presented by Professor Yohann Loriot, Gustave Roussy (Paris) on Friday, May 29 at 4:57 p.m. CDT (Abstract #5508).
The poster presentation titled, “A phase 1/2 study of the next-generation Nectin-4-targeting antibody–drug conjugate CRB-701 (SYS6002) in patients with recurrent or metastatic head and neck squamous cell carcinoma,” will be presented by Charlene Mantia, M.D., Dana-Farber Cancer Institute (Boston) on Saturday, May 30 at 4:30 p.m. CDT (Abstract #6062/Poster #519).
2026 ASCO HNSCC KOL Event Details
Corbus will host an in-person and virtual KOL event during the 2026 ASCO to discuss the updated data from the Phase 1/2 clinical study of CRB-701 in 75 participants with HNSCC.
Date:Monday, June 1, 2026Time:6:30 a.m. CDTLocation:Marriott Marquis ChicagoParticipants:Corbus Management Team, joined by leading HNSCC Experts:
Ari Rosenberg, M.D., University of Chicago
Glenn Hanna, M.D., Dana-Farber Cancer Institute
Cesar Augusto Perez Batista, M.D., Sarah Cannon Research Institute A live question-and-answer session will follow the formal presentation. To register for the KOL event, click here. A replay of the event will also be available on the Corbus website.
About Corbus
Corbus Pharmaceuticals Holdings, Inc. is a clinical-stage company focused on developing promising new therapies in oncology and obesity and is committed to helping people defeat serious illness by bringing innovative scientific approaches to well-understood biological pathways. Corbus’ pipeline includes CRB-701, a next-generation antibody drug conjugate for the treatment of Nectin-4-expressing tumors, and CRB-913, an orally delivered highly peripherally restricted CB1 inverse agonist for the treatment of obesity. Corbus is headquartered in Norwood, Massachusetts. For more information on Corbus, visit corbuspharma.com. Connect with us on X, LinkedIn and Facebook.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act of 1995, as amended, including those relating to the Company’s trial results, product development, clinical and regulatory timelines, including timing for completion of trials and presentation of data, anticipated timing for initiation of clinical trials, anticipated regulatory interactions and outcomes, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities, sufficiency of cash runway and other statements that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management’s current beliefs and assumptions.
These statements may be identified by the use of forward-looking expressions, including, but not limited to, “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “potential,” “predict,” “project,” “should,” “would” and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors on our operations, clinical development plans and timelines, which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company’s filings with the Securities and Exchange Commission including those described in our Annual Report on Form 10-K for the year ended December 31, 2025. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
All product names, logos, brands and company names are trademarks or registered trademarks of their respective owners. Their use does not imply affiliation or endorsement by these companies.
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Stock to Watch: Krystal Biotech, Inc. (KRYS - Free Report) Krystal Biotech is a fully integrated, commercial-stage biotechnology company focused on the discovery, development, manufacturing and commercialization of genetic medicines to treat diseases with high unmet medical needs.
KRYS is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Medical stock. KRYS has a Momentum Style Score of B, and shares are up 9.8% over the past four weeks.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.05 to $7.98 per share. KRYS boasts an average earnings surprise of +47%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, KRYS should be on investors' short list.
A month has gone by since the last earnings report for Krystal Biotech, Inc. (KRYS - Free Report) . Shares have added about 3% in that time frame, underperforming the S&P 500.
But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Krystal Biotech due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
KRYS Q1 Earnings & Sales Beat Estimates, Pipeline in Focus
Krystal Biotech reported first-quarter 2026 earnings per share (EPS) of $1.83, which surpassed the Zacks Consensus Estimate of $1.45. The reported EPS was up from $1.20 in the year-ago quarter.
Revenues of $116.4 million rose 32% year over year in the reported quarter, beating the Zacks Consensus Estimate of $112 million. Revenues came in solely from Vyjuvek sales.
KRYS’ Q1 Results in Detail
The top line comprises product revenues from Krystal’s only marketed drug, Vyjuvek.
Krystalgenerated $116.4 million in product revenues from Vyjuvek, up from $88.2 million in the year-ago quarter, driven by strong patient uptake.
The gross margin in the reported quarter was 95%.
Research and development (R&D) expenses were approximately $15.3 million, including stock-based compensation, up 7.5% year over year. Selling, general and administrative (SG&A) expenses totaled approximately $41 million, including stock-based compensation, up 25.6% from the year-ago level. This increase was primarily due to increased headcount, legal and consulting services, and marketing costs to support the global launches of Vyjuvek.
As of March 31, 2026, cash, cash equivalents and investments totaled approximately $1 billion compared with $955.9 million as of Dec. 31, 2025.
2026 Guidance of KRYS
Krystal Biotech reiterated its non-GAAP combined R&D and SG&A expense guidance of $175 million to $195 million for full-year 2026.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a flat trend in fresh estimates.
The consensus estimate has shifted 12.23% due to these changes.
VGM ScoresCurrently, Krystal Biotech has a strong Growth Score of A, though it is lagging a lot on the Momentum Score front with a C. Charting a somewhat similar path, the stock has a score of D on the value side, putting it in the bottom 40% for value investors.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook Krystal Biotech has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Key Takeaways Krystal Biotech posted $116.4M in Q1 2026 Vyjuvek revenues, up 32% year over year.KRYS is advancing KB407, KB408, KB803 and KB801, with multiple data readouts expected in 2026.Krystal Biotech ended Q1 with about $1B in cash and investments, supporting pipeline growth. Shares of Krystal Biotech (KRYS - Free Report) have risen 16% over the past three months against the industry’s 9.4% decline, driven by robust commercial execution and continued revenue growth from its sole marketed drug, Vyjuvek. Investor sentiment has also been bolstered by positive regulatory progress across the company’s pipeline, strengthening confidence in its proprietary gene therapy platform and a strong financial position.
Image Source: Zacks Investment Research
Strong Growth of VyjuvekThe FDA approved Vyjuvek, the first-ever revocable gene therapy, in 2023 for the treatment of patients aged six months or older with dystrophic epidermolysis bullosa (DEB), a rare and severe monogenic disease that affects the skin and mucosal tissues. The drug has also been approved by the FDA for the treatment of DEB patients from birth, with authorization for at-home administration by patients or their caregivers. Beyond the U.S. market, robust patient demand continues to drive steady uptake internationally, following the launches in Germany, France and Japan.
In the first quarter of 2026, Krystal generated $116.4 million in product revenues from Vyjuvek, up 32% year over year, driven by strong patient uptake.
Pipeline Assets Are on the MoveKrystal is advancing a diversified pipeline of genetic medicines across respiratory, ophthalmology, oncology, and aesthetics indications. Key programs include KB407 for cystic fibrosis (CF), KB408 for alpha-1 antitrypsin deficiency lung disease (AATD), KB803 for corneal abrasions in DEB patients and KB801 for neurotrophic keratitis (NK).
The company is initiating an open-label study to test repeat-dose KB407 in CF patients who cannot use or benefit from existing therapies. Patient enrollment is expected to be completed in the second quarter of 2026 and results are anticipated by the end of the year.
KB408 is being evaluated in an ongoing repeat-dose SERPENTINE-1 study for the treatment of patients with AATD. Interim results are expected in 2026.
In the ophthalmology space, KB803 is being evaluated in IOLITE, a phase III study for the treatment and prevention of corneal abrasions in DEB patients. Top-line data are anticipated in the fourth quarter of 2026.
Krystal is developing KB801 in EMERALD-1, a registrational study, for the treatment of patients with NK. Patient enrollment is ongoing, and top-line data from the study are expected in 2026.
In oncology, KB707 is being evaluated for advanced lung tumors, while its subsidiary, Jeune Aesthetics, is developing KB304 for wrinkle treatment.
The advancement of multiple clinical programs has strengthened confidence in Krystal's proprietary gene therapy platform and its potential to generate long-term growth beyond Vyjuvek.
KRYS’ Strong Financial PositionKrystal ended the first quarter of 2026 with approximately $1 billion in cash and investments. The cash-rich balance sheet reduces financing risk and supports continued investment in pipeline development and commercialization activities.
KRYS’ Zacks Rank & Stocks to ConsiderKrystal Biotech currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the biotech sector are Indivior Pharmaceuticals (INDV - Free Report) , Liquidia Corporation (LQDA - Free Report) and Immunocore (IMCR - Free Report) , each currently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Over the past 30 days, earnings per share estimates for Indivior Pharmaceuticals remained unchanged at $4.05 for 2026 and $4.27 for 2027. INDV shares have lost 1.3% year to date.
Indivior Pharmaceuticals’ earnings beat estimates in each of the trailing four quarters, with the average surprise being 65.44%.
Over the past 30 days, estimates for Liquidia’s 2026 earnings per share have increased to $2.97 from $1.50. Over the same period, EPS estimates for 2027 have risen to $4.81 from $2.91. LQDA shares have gained 61.5% year to date.
Liquidia’s earnings beat estimates in three of the trailing four quarters and missed in the remaining one, with the average surprise being 54.40%.
Over the past 30 days, loss per share estimates for Immunocore’s 2026 have improved from 88 cents to earnings per share of 6 cents. Over the same period, EPS estimates for 2027 have risen from 24 cents to 87 cents. IMCR shares have lost 17.5% year to date.
Immunocore’s earnings beat estimates in three of the trailing four quarters and missed in the remaining one, with the average surprise being 46.66%.
Investors in Krystal Biotech, Inc. (KRYS - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the June 18, 2026 $200.00 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for Krystal Biotech share, but what is the fundamental picture for the company? Currently, Krystal Biotech is a Zacks Rank #3 (Hold) in the Medical - Biomedical and Genetics Industry that ranks in the Bottom 40% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased his estimate for the current quarter, while two have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from $1.75 per share to $1.81 per share in the same time period.
Given the way analysts feel about Krystal Biotech right now, this huge implied volatility could mean there’s a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
, /PRNewswire/ -- Canadian Solar Inc. ("the Company", "Canadian Solar") (NASDAQ: CSIQ) today announced that it will hold a conference call on Thursday May 14, 2026, at 8:00 a.m. U.S. Eastern Time to discuss the Company's first quarter 2026 results and business outlook.
The dial-in phone number for the live audio call is +1-877-704-4453 (toll-free from the U.S.) or +1-201-389-0920 from international locations. The conference ID is 13760199. A live webcast of the conference call will also be available via the webcast link on the investor relations section of Canadian Solar's website.
A replay of the call will be available after the conclusion of the call until 11:00 p.m. U.S. Eastern Time on Thursday, May 28, 2026, and can be accessed by dialing +1-844-512-2921 (toll-free from the U.S.) or +1-412-317-6671 from international locations. The replay pin number is 13760199. A webcast replay will also be available via the webcast link on the investor relations section of Canadian Solar's website.
About Canadian Solar Inc.
Canadian Solar is one of the world's largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 25 years, Canadian Solar has successfully delivered over 174 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar has shipped over 18 GWh of battery energy storage solutions to global markets as of December 31, 2025, boasting a $3.6 billion contracted backlog as of March 13, 2026. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12 GWp of solar power projects and 6.2 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 24 GWp of solar and 83 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.
CANADIAN SOLAR INC. INVESTOR RELATIONS CONTACT
Wina Huang
Investor Relations
Canadian Solar Inc.
[email protected]
Earnings are arguably the most important single number on a company's quarterly financial report. Wall Street clearly dives into all of the other metrics and management's input, but the EPS figure helps cut through all the noise.
Life and the stock market are both about expectations, and rising above what is expected is often rewarded, while falling short can come with negative consequences. Investors might want to try to capture stronger returns by finding positive earnings surprises.
Now that we know how important earnings and earnings surprises are, it's time to show investors how to take advantage of these events to boost their returns by utilizing the Zacks Earnings ESP filter.
The Zacks Earnings ESP, ExplainedThe Zacks Earnings ESP, or Expected Surprise Prediction, aims to find earnings surprises by focusing on the most recent analyst revisions. The basic premise is that if an analyst reevaluates their earnings estimate ahead of an earnings release, it means they likely have new information that could possibly be more accurate.
Now that we understand the basic idea, let's look at how the Expected Surprise Prediction works. The ESP is calculated by comparing the Most Accurate Estimate to the Zacks Consensus Estimate, with the percentage difference between the two giving us the Zacks ESP figure.
When we join a positive earnings ESP with a Zacks Rank #3 (Hold) or stronger, stocks posted a positive bottom-line surprise 70% of the time. Plus, this system saw investors produce roughly 28% annual returns on average, according to our 10 year backtest.
Stocks with a ranking of #3 (Hold), or 60% of all stocks covered by the Zacks Rank, are expected to perform in-line with the broader market. Stocks with rankings of #2 (Buy) and #1 (Strong Buy), or the top 15% and top 5% of stocks, respectively, should outperform the market; Strong Buy stocks should outperform more than any other rank.
Should You Consider SolarEdge Technologies?The last thing we will do today, now that we have a grasp on the ESP and how powerful of a tool it can be, is to quickly look at a qualifying stock. SolarEdge Technologies (SEDG - Free Report) holds a #3 (Hold) at the moment and its Most Accurate Estimate comes in at -$0.20 a share 13 days away from its upcoming earnings release on May 5, 2026.
SolarEdge Technologies' Earnings ESP sits at +15.22%, which, as explained above, is calculated by taking the percentage difference between the -$0.20 Most Accurate Estimate and the Zacks Consensus Estimate of -$0.23. SEDG is also part of a large group of stocks that boast a positive ESP. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
SEDG is just one of a large group of Oils and Energy stocks with a positive ESP figure. Canadian Solar (CSIQ - Free Report) is another qualifying stock you may want to consider.
Canadian Solar is a Zacks Rank #3 (Hold) stock, and is getting ready to report earnings on May 14, 2026. CSIQ's Most Accurate Estimate sits at -$1.06 a share 22 days from its next earnings release.
The Zacks Consensus Estimate for Canadian Solar is -$1.08, and when you take the percentage difference between that number and its Most Accurate Estimate, you get the Earnings ESP figure of +1.85%.
SEDG and CSIQ's positive ESP metrics may signal that a positive earnings surprise for both stocks is on the horizon.
Find Stocks to Buy or Sell Before They're ReportedUse the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >>
On April 22, 2026, Canadian Solar Inc CSIQ shares rose 9.1% today, bringing the current price to $13.51. The stock has seen a 52-week range between $6.96 and $34.59, indicating significant volatility over the past year.
GF Value™ verdict: Current price of $13.51 is 11.2% below GF Value™ of $15.21.GF Score™ of 82/100 indicates a strong overall performance relative to its peers.Most notable signal: CSIQ has not seen any insider transactions in the last 3 months. Is CSIQ Overvalued or Undervalued? Based on the current price of $13.51 compared to the GF Value™ of $15.21, Canadian Solar Inc is considered undervalued by approximately 11.2%. This suggests that there may be an opportunity for appreciation in the stock price if the market recognizes its intrinsic value. GF Valuation labels CSIQ as "Modestly Undervalued," which implies that while there is potential for growth, caution is warranted as market conditions and company performance can fluctuate.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. The margin of safety here could provide a cushion against potential downside risks, but investors should remain aware of the company's financial health and market conditions that could impact future performance.
How Does CSIQ's Valuation Compare to Its History? MetricCurrentHistorical P/E (TTM)Not available16.5x Forward P/E74.9xNot available Unfortunately, the current P/E (TTM) ratio is not available for Canadian Solar Inc., but it is important to note that the forward P/E of 74.9x is significantly higher than the 5-year median P/E of 16.5x. This suggests that the stock is trading at a premium relative to its historical valuation. Therefore, the P/E analysis appears to disagree with the GF Value™ verdict of modest undervaluation, indicating a potential concern regarding the stock's current pricing in the market.
What Does CSIQ's GF Score™ Tell Us? MetricRating GF Score™82 Financial Strength3/10 Profitability6/10 Growth8/10 Valuation8/10 Momentum10/10 The GF Score™ of 82/100 indicates that Canadian Solar Inc is performing well in several key areas, particularly in Growth (8/10) and Momentum (10/10). However, the Financial Strength rating of 3/10 raises some concerns regarding the stability and robustness of the company's financial position. Overall, while CSIQ shows good potential for growth and strong momentum, its financial strength could be a limiting factor for long-term investors.
What Are Insiders Doing with CSIQ Stock? There have been no insider transactions reported for Canadian Solar Inc in the last three months. This lack of activity may suggest that insiders are either confident in the company's current strategy or are possibly awaiting more favorable market conditions before making any moves. The absence of insider buying could also be interpreted as a sign that insiders do not anticipate a significant price increase in the near term.
What This Means for Investors Based on the GF Value™ analysis, Canadian Solar Inc is currently undervalued at $13.51 relative to its intrinsic value of $15.21. However, with a high forward P/E ratio and low financial strength score, investors should exercise caution and consider these factors before making investment decisions.
For the complete analysis, visit the Canadian Solar Inc CSIQ 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 CSIQ's GF Score™?
CSIQ's GF Score™ is 82/100, indicating a strong overall performance compared to its peers, which suggests potential for higher long-term returns.
Is CSIQ overvalued or undervalued?
CSIQ is currently considered undervalued, with a GF Value™ indicating a price of $15.21 compared to the current price of $13.51.
What is CSIQ's P/E ratio?
The exact P/E (TTM) ratio is not available, but the forward P/E is 74.9x, which is above its 5-year median of 16.5x, suggesting the stock is trading at a premium.
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].
On May 01, 2026, Canadian Solar Inc CSIQ shares rose 9.5% today, closing at $16.74. The stock has fluctuated significantly over the past year, with a 52-week range of $8.84 to $34.59.
GF Value™ verdict: Current price of $16.74 is 9.5% overvalued compared to a GF Value™ of $15.29.GF Score™ of 83/100 indicates a strong potential for long-term returns.Notable signal: No insider transactions reported in the last 3 months. Is CSIQ Overvalued or Undervalued? According to the GF Value™, Canadian Solar Inc's current price of $16.74 is considered to be 9.5% overvalued against its estimated fair value of $15.29. This overvaluation suggests a limited margin of safety for potential investors. The GF Valuation label indicates that CSIQ is fairly valued, which may imply that while there are no immediate bargains in the stock, investors should be cautious about entering at these levels due to the current price exceeding its intrinsic value.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Being overvalued poses risks, particularly if market conditions shift or if the company's performance does not meet expectations. Investors might want to wait for a more attractive entry point or consider the inherent risks associated with investing at a price that surpasses the calculated fair value.
How Does CSIQ's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 92.5x 15.6x The current P/E ratio of 92.5x is significantly higher than its 5-year median P/E of 15.6x, indicating that the stock is trading well above its historical valuation. This analysis aligns with the GF Value™ verdict, suggesting that CSIQ is overvalued based on its historical performance metrics.
What Does CSIQ's GF Score™ Tell Us? Metric Rating GF Score™ 83 Financial Strength 3/10 Profitability 6/10 Growth 8/10 Valuation 9/10 Momentum 8/10 CSIQ's GF Score™ of 83/100 indicates a relatively strong position in terms of growth and valuation, suggesting good potential for long-term returns. However, the financial strength score of 3/10 highlights a significant weakness that could impact the company’s stability and risk profile. The strong growth rank of 8/10 shows that the company has good growth prospects, while a valuation rank of 9/10 indicates that despite the current overvaluation, there is recognition of its growth potential in the market.
What Are Insiders Doing with CSIQ Stock? There have been no reported insider transactions in the last three months for Canadian Solar Inc. This lack of activity could suggest that insiders are not currently confident in the stock's potential at its current price levels or simply indicate a period of stability where no significant buying or selling activity is warranted.
What This Means for Investors Based on the GF Value™ assessment, Canadian Solar Inc CSIQ is currently overvalued. The current price of $16.74 exceeds the estimated fair value of $15.29, indicating a potential risk for new investors entering the market at this time.
For the complete analysis, visit the Canadian Solar Inc CSIQ 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 CSIQ's GF Score™?
CSIQ has a GF Score™ of 83/100, indicating a strong potential for long-term returns based on various financial metrics.
Is CSIQ overvalued or undervalued?
CSIQ is currently considered overvalued, with a GF Value™ of $15.29 compared to its current price of $16.74.
What is CSIQ's P/E ratio?
CSIQ's current P/E ratio is 92.5x, which is significantly higher than its 5-year median P/E of 15.6x, indicating that the stock is trading above its historical valuation levels.
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].
Canadian Solar (CSIQ) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
American solar installers have stopped doing business with China-backed U.S. production centers due to uncertainties about their products' eligibility for government subsidies
image credit: Bamboo Works
Key Takeaways: China-linked U.S. solar panel makers may be ineligible for U.S. subsidies aimed at supporting residential-based solar power, according to a Reuters report JinkoSolar is selling 75.1% of its U.S. plant in Florida to an American private equity company in an apparent attempt to keep its products eligible for subsidies As Donald Trump prepares to visit China later this week to meet with President Xi Jinping, U.S. protectionist measures against Chinese products are likely to be one of the top items on the agenda. An important part of that discussion could focus on solar energy products, not only ones produced in China but also ones made at Chinese-invested plants in the U.S.
The size of the stake sale is quite revealing, since legislation passed by the U.S. last year, with strong backing from the Trump administration, sharply cut subsidies for residential solar installations, and placed restrictions on subsidies that remained. One restriction prohibited subsidies for any installations using panels produced at factories that were more than 25% owned by Chinese companies.
"We believe this transaction provides the right ownership, management and strategic direction for this new venture to grow capacity and serve the growing demand for high performance U.S.-sourced renewable energy products," said JinkoSolar U.S. general manger Nigel Cockroft. The two sides added that following the deal, they plan to at least double capacity at the plant, currently at 2 GW annually, and also start producing energy storage systems.
Not surprisingly, China has criticized the restrictions, calling them discriminatory, according to the Reuters report, citing a spokesperson for the Chinese embassy in Washington.
Investors applauded the latest move by JinkoSolar, whose shares rose 5.3% on Friday after the announcement. The stock is up 30% over the last 52 weeks on hopes for a recovery for the embattled sector that has suffered for more than a year due to huge overcapacity built up over the last three years.
Signs for such a recovery look broadly positive, as the sector gains fresh momentum from the U.S. and Israeli war against Iran, which has sent oil prices to multi-year highs and underscored the need for more reliable energy sources. Even before that, solar module and panel prices were showing signs of stabilizing after more than a year of declines, as Chinese producers shut down older, more obsolete capacity under encouragement by Beijing.
Low value-added facilitiesWhile the sale of majority stakes of their U.S. plants may help Chinese companies avoid the restriction limiting their stakes to less than 25%, the reality remains that these plants are quite low tech and not really the kinds of facilities the Trump administration wants to attract. That's because the facilities are mostly involved in final module assembly, with most or all of their key components imported from China.
The U.S. tensions are also significant because other markets, most notably the EU and India, have expressed their own frustrations at China and have taken similar steps in the past.
These issues have been years in the making, and we doubt things will be solved overnight during Trump's visit to Beijing. But at least the leaders can exchange views directly to better understand the other side's concerns. China has already shown some willingness to consider the Western point of view with its recent cancellation of a yearslong policy that exempted Chinese solar manufacturers from paying some value-added tax for products they exported.
Meantime, JinkoSolar and its peers, despite the numerous headwinds they've faced over the last year, continue to show signs of a rebound.
While its massive losses and thin margins don't look too impressive on the surface, the trends look broadly positive for a recovery over the next year or two. Now, Beijing needs to work at the more macro level to create favorable conditions for its solar companies to export some of their expertise to reduce or eliminate some of the geopolitics that have plagued the industry over the last few years.
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Analysts on Wall Street project that Canadian Solar (CSIQ - Free Report) will announce quarterly loss of -$1.08 per share in its forthcoming report, representing a decline of 0.9% year over year. Revenues are projected to reach $947.63 million, declining 20.8% from the same quarter last year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
In light of this perspective, let's dive into the average estimates of certain Canadian Solar metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts' assessment points toward 'Revenues- CSI Solar- Solar modules' reaching $310.69 million. The estimate indicates a change of -61% from the prior-year quarter.
It is projected by analysts that the 'Revenues- CSI Solar- Battery energy storage solutions' will reach $323.74 million. The estimate suggests a change of +108.5% year over year.
The consensus among analysts is that 'Revenues- CSI Solar- Solar system kits' will reach $112.04 million. The estimate points to a change of +31% from the year-ago quarter.
View all Key Company Metrics for Canadian Solar here>>>
Over the past month, Canadian Solar shares have recorded returns of +56.1% versus the Zacks S&P 500 composite's +8.8% change. Based on its Zacks Rank #3 (Hold), CSIQ will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
KITCHENER, ON, May 14, 2026 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the first quarter ended March 31, 2026. First Quarter Highlights Solar module shipments of 2.5 GW, above guidance of 2.2 GW to 2.4 GW.
Canadian Solar (CSIQ - Free Report) came out with a quarterly loss of $0.71 per share versus the Zacks Consensus Estimate of a loss of $1.06. This compares to a loss of $1.07 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +33.02%. A quarter ago, it was expected that this solar wafers manufacturer would post a loss of $1.1 per share when it actually produced a loss of $1.66, delivering a surprise of -50.91%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Canadian Solar, which belongs to the Zacks Solar industry, posted revenues of $1.08 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 13.75%. This compares to year-ago revenues of $1.2 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Canadian Solar shares have lost about 15.7% since the beginning of the year versus the S&P 500's gain of 8.8%.
What's Next for Canadian Solar?While Canadian Solar has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Canadian Solar was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.63 on $1.76 billion in revenues for the coming quarter and -$2.02 on $6.71 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Solar is currently in the bottom 18% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the broader Zacks Oils-Energy sector, Golar LNG (GLNG - Free Report) , has yet to report results for the quarter ended March 2026.
This operator of carriers for natural gas shipping is expected to post quarterly earnings of $0.31 per share in its upcoming report, which represents a year-over-year change of -18.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Golar LNG's revenues are expected to be $125.32 million, up 100.5% from the year-ago quarter.
Is SunPower Stock Ready to Lead the Solar Market?Canadian Solar NASDAQ: CSIQ reported first-quarter 2026 revenue at the high end of its forecast and a stronger-than-expected gross margin, helped by tariff refund accruals, while the company still posted a net loss amid higher operating costs, foreign exchange losses and tax expense accruals.
Executive Chairman and Chief Technology Officer Dr. Shawn Qu said the company “started the year with strong momentum,” recognizing revenue on 2.5 gigawatts of solar modules and 2.1 gigawatt-hours of energy storage solutions, both above guidance. Total revenue was $1.1 billion, while gross margin was 25.1%.
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MarketBeat Week in Review – 5/22 - 5/26Canadian Solar recorded a net loss attributable to shareholders of $32 million, or $0.71 per diluted share. Qu said the quarter’s profitability was affected by elevated non-logistics operating expenses, foreign exchange losses and tax expenses tied to the tariff refund.
Qu said the solar downturn has lasted longer than expected, and that Canadian Solar has responded by focusing its module business on “key attractive markets” and reducing volumes in less profitable markets. He described the company’s approach as a “profit-first strategy.”
Leadership Transition Announced Solar Panel Demand Makes Canadian Solar a Buy-the-Dip OpportunityCanadian Solar also announced a leadership transition, with Colin Parkin taking over as chief executive officer. Parkin previously served as president of Canadian Solar and president of e-STORAGE.
Qu said the succession followed a long-term planning process approved unanimously by the board. Qu will remain executive chairman and chief technology officer, focusing on the company’s technology roadmap and long-term research and development strategy.
“Today, we are navigating a pivotal shift from volume-driven expansion to value-driven leadership,” Qu said.
U.S. Manufacturing Expansion Remains Central Parkin said U.S. manufacturing is the first pillar of Canadian Solar’s global strategy. The company’s solar cell factory in Jeffersonville, Indiana, produced its first trial heterojunction, or HJT, solar cell at the end of March. Parkin said the first phase has 2.1 gigawatts peak of nameplate capacity and is expected to ramp over the next two quarters.
The company is also expanding beyond its original U.S. solar cell capacity plan. Parkin said Canadian Solar expects to begin trial production for a second phase early next year, adding 4.2 gigawatts peak and bringing total U.S. solar cell nameplate capacity to 6.3 gigawatts peak.
Canadian Solar is also expanding its Mesquite, Texas, solar module factory. Parkin said the facility reached full ramp last year and is expected to double nameplate capacity to 10 gigawatts peak by the second half of this year, enabling the company to fulfill future U.S. volumes from the Texas site.
In the first quarter, the manufacturing segment generated $950 million in revenue and a gross margin of 29.1%. Parkin said the sequential gross margin increase was driven by healthy energy storage volumes and the tariff refund. The segment posted operating income of $127 million.
During the question-and-answer session, Qu said the company expects commercial operations from the U.S. cell facility “somewhere in July,” with the first modules using those cells potentially delivered to customers in August or September. He cautioned that producing HJT cells in the U.S. is a first for the industry and “not an easy task.”
Energy Storage Backlog Reaches $3.5 Billion Parkin said e-STORAGE shipped 2.6 gigawatt-hours of energy storage solutions during the quarter, including 500 megawatt-hours to internal and external projects under execution. Revenue was recognized on 2.1 gigawatt-hours.
The company said its internal production of lithium iron phosphate prismatic cells has become a competitive advantage, with a cost basis below the market price of third-party cells. Parkin said the company is expanding both battery cell and SolBank capacity at its integrated battery energy storage system and battery cell factory in Southeast Asia, with new production lines expected to come online in the first half of 2027.
As of May, Canadian Solar’s contracted e-STORAGE backlog totaled $3.5 billion, including 34 gigawatt-hours of operating projects under long-term service agreements.
Parkin said the company continues to pursue both front-of-the-meter and behind-the-meter data center applications. In response to an analyst question, he said Canadian Solar is “very engaged” on data center opportunities, though he said the company could not disclose the parties involved.
Recurrent Energy Posts Loss While Monetizing Assets Ismael Guerrero, chief executive officer of Recurrent Energy, said the project development subsidiary generated $139 million in first-quarter revenue, improving sequentially because of the sale of the Fort Duncan project. Guerrero called Fort Duncan the first standalone battery energy storage system project in the company’s portfolio financed with non-recourse project finance and without a capacity contract in place.
However, Recurrent Energy posted an operating loss of $60 million. Guerrero said relatively muted project sales and ongoing platform operating costs weighed on results. He added that monetizing operating and under-construction assets may create uneven profit-and-loss impacts in the near term, but said the strategy is necessary to reduce balance sheet leverage and recycle capital.
As of March 31, Recurrent Energy had secured interconnections for 7 gigawatts of solar and 14 gigawatt-hours of storage globally, excluding projects already in operation. Its total pipeline stood at 24 gigawatts of solar and 81 gigawatt-hours of energy storage. The company’s operations and maintenance platform had a contracted portfolio of 15 gigawatts, including 11.2 gigawatts already operational.
Second-Quarter Guidance Calls for Lower Margin Chief Financial Officer Xinbo Zhu said first-quarter gross margin was boosted by the accrual of tariff refunds, which contributed 860 basis points. He said that even excluding the one-time benefit, gross margin exceeded guidance because of strong storage volumes and a healthy geographic mix of solar module volumes.
Zhu said net cash used in operating activities was $209 million, mainly due to increased inventories tied to the U.S. solar and storage businesses. Canadian Solar ended the quarter with $1.9 billion in cash and $6.8 billion in total debt. Capital expenditures were $173 million in the first quarter, primarily for U.S. manufacturing, and the company expects full-year 2026 capital expenditures of about $1.3 billion.
For the second quarter, Parkin said Canadian Solar expects to recognize revenue on 3.1 gigawatts to 3.3 gigawatts of solar modules and deliver 2.8 gigawatt-hours to 3.2 gigawatt-hours of energy storage solutions. Total revenue is expected to range from $1.0 billion to $1.2 billion, with gross margin projected between 13% and 15%.
Parkin said the broader solar market remains complex, with price increases not yet fully offsetting upstream cost pressures. In storage, he said the company expects record volumes in the second half, though margins are expected to normalize and remain partly exposed to lithium carbonate price fluctuations.
Canadian Solar reiterated its U.S. full-year 2026 volume guidance of 6.5 gigawatts to 7 gigawatts of module shipments and 4.5 gigawatt-hours to 5.5 gigawatt-hours of energy storage shipments.
About Canadian Solar NASDAQ: CSIQCanadian Solar Inc NASDAQ: CSIQ is a global renewable energy company that specializes in the design, development and manufacturing of solar photovoltaic (PV) modules and system solutions. Founded in 2001 and headquartered in Guelph, Ontario, the company has grown to become one of the world's largest solar module suppliers. Canadian Solar offers a comprehensive portfolio of products, including mono- and multi-crystalline solar cells and modules, as well as advanced energy storage and system integration solutions tailored for residential, commercial and utility-scale applications.
In addition to manufacturing solar components, Canadian Solar provides end-to-end services encompassing project development, engineering, procurement and construction (EPC), as well as operations and maintenance.
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Key Takeaways Canadian Solar posted Q1 revenues of $1.08B, topping estimates despite lower solar module sales.CSIQ battery storage shipments jumped 142% year over year, while module shipments fell 64%.Canadian Solar began trial production at its Indiana HJT solar cell factory, targeting July 2026 launch. Canadian Solar, Inc. (CSIQ - Free Report) reported first-quarter 2026 adjusted loss of 71 cents per share, narrower than the Zacks Consensus Estimate of a loss of $1.06. The company posted a loss of 69 cents per share in the year-ago quarter.
CSIQ’s RevenuesRevenues amounted to $1.08 billion, which surpassed the Zacks Consensus Estimate of $0.95 billion by 13.8%. The top line declined 9.9% from the year-ago quarter’s figure of $1.2 billion.
This year-over-year decrease was due to lower sales of solar modules.
Operational Update of CSIQSolar module shipments in the quarter totaled 2.5 gigawatts (GW), down 64% year over year.
Total battery energy storage shipments totaled 2.1 GWh, up 142% year over year.
Canadian Solar’s gross margin was 25.1% compared with 11.7% in the first quarter of 2025. The increase in gross margin was primarily due to the recognition of IEEPA tariff refund benefits.
Total operating expenses were $198 million, up from $195.3 million in the first quarter of 2025.
The company commenced trial production at the flagship HJT solar cell factory in Jeffersonville, IN, marking a key milestone in U.S. domestic manufacturing, with commercial operation targeted to begin in July 2026.
Canadian Solar’s Financial UpdateAs of March 31, 2026, Canadian Solar’s cash and cash equivalents totaled $1.44 billion, compared with $1.37 billion as of Dec. 31, 2025.
Long-term borrowings as of March 31, 2026, were $3.54 billion, down from $3.62 billion as of Dec. 31, 2025.
CSIQ’s GuidanceFor the second quarter of 2026, Canadian Solar anticipates total revenues to be in the band of $1-$1.2 billion. The Zacks Consensus Estimate for sales is pegged at $1.76 billion, higher than the company’s guided range.
Gross margin is expected to be 13-15%. Total module shipments recognized as revenues are expected to be in the range of 3.1-3.3 GW. Total battery energy storage shipments in the second quarter are expected to be in the range of 2.8-3.2 GWh, including approximately 400 MWh to internal and external projects under execution.
The company reiterated its guidance of 6.5-7 GW of solar modules and 4.5-5.5 GWh of battery energy storage solutions for the U.S. market in 2026.
CSIQ’s Zacks RankCanadian Solar currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Recent Solar ReleasesFirst Solar, Inc. (FSLR - Free Report) reported first-quarter 2026 earnings of $3.22 per share, which beat the Zacks Consensus Estimate of $2.87 by 12.1%. The bottom line increased 65.1% from the prior-year quarter’s figure of $1.95.
First Solar’s first-quarter net sales were $1.04 billion, which missed the Zacks Consensus Estimate by 0.1%. However, the top line rose 23.6% from the year-ago quarter’s $0.84 billion.
Enphase Energy, Inc. (ENPH - Free Report) reported first-quarter 2026 adjusted earnings of 47 cents per share, which decreased 30.9% from 68 cents reported in the prior-year quarter. However, the bottom line topped the Zacks Consensus Estimate of 43 cents by 8.2%.
Enphase Energy’s first-quarter revenues of $282.9 million missed the Zacks Consensus Estimate of $284 million by 0.2%. The top line decreased 28.6% from the prior-year quarter’s reported figure of $356.1 million.
SolarEdge Technologies, Inc. (SEDG - Free Report) reported a first-quarter 2026 adjusted loss of 43 cents per share, wider than the Zacks Consensus Estimate of a loss of 23 cents. The bottom line improved from the prior-year quarter’s loss of $1.14 per share.
SEDG’s revenues of $310.5 million surpassed the Zacks Consensus Estimate of $303 million by 2.3%. The top line also increased 41.5% from the year-ago quarter’s $219.5 million.
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Solar stocks are splitting on Thursday. Enphase Energy (NASDAQ:ENPH | ENPH Price Prediction) is up 15% to $48.13 and SolarEdge Technologies (NASDAQ:SEDG) is up 17% to $50.04, while Canadian Solar (NASDAQ:CSIQ) is down 11% to $17.91.
It’s a sharp rotation within the solar complex. Canadian Solar was the one-month leader heading into today, up 58% through Wednesday’s close, while SolarEdge had actually slipped 1% over the same stretch.
The lopsided trade in ENPH, SEDG, and CSIQ highlights how three names lumped into the same sector can react in opposite directions when business models diverge. Residential-focused names are catching a bid while utility-scale module makers face renewed margin scrutiny.
Residential Solar Catches a Bid ENPH and SEDG are both residential solar plays, and that end market is showing signs of life. Enphase’s most recent quarter flagged U.S. sell-through demand up 21% sequentially, the strongest read in two years, while SolarEdge CEO Shuki Nir said the company has “shifted decisively to offense” after six straight quarters of non-GAAP gross margin expansion.
A cooperative rate backdrop is helping Enphase and SolarEdge. The 10-year Treasury yield sits at 4.46%, modestly below the year-ago level of 4.53%, which keeps solar financing math more workable for homeowners.
Year-to-date, SEDG stock is up 68%, leading the trio. ENPH stock has gained 49% over the same window.
Canadian Solar Earnings Disappoint Under the Hood Canadian Solar reported Q1 2026 results this morning. The headline numbers looked fine: revenue of $1.08 billion exceeded expectations, and the loss per share of $0.71 was narrower than the $1.03 loss analysts expected.
The problem is what’s underneath Canadian Solar’s results. Gross margin of 25% was inflated by a $93 million IEEPA tariff refund tied to the U.S. Supreme Court ruling on reciprocal tariffs. Strip that out and margins land closer to 12%.
Canadian Solar’s Q2 guidance reinforced the concern. Management guided revenue to $1 billion to $1.2 billion with gross margin of 13% to 15%, a sharp step-down as the tariff windfall rolls off. Solar module shipments fell 64% year over year, and operating cash flow swung to negative $208.7 million.
A Tale of Two Solar Business Models Canadian Solar’s utility-scale module business is exposed to commoditization pressure from Chinese manufacturers, while Enphase and SolarEdge sell higher-margin power electronics into the U.S. and European rooftop market. That structural difference helps explain why CSIQ trades on tariff and commodity dynamics while ENPH and SEDG track residential demand.
The one-year picture shows the gap. SEDG stock is up 170% over the past year, CSIQ stock is up 76%, and ENPH stock is down 1%, reflecting just how differently these names trade despite the shared “solar” label.
What to Watch Investors will watch for whether the residential solar bid sticks into the close, or whether ENPH and SEDG fade if the day’s enthusiasm cools. Solar stocks are notoriously volatile, and one session doesn’t confirm a sustained inflection.
For Canadian Solar, the next cue is whether analysts trim numbers after the Q2 2026 margin guide. Prudent investors may want to size positions modestly given how quickly sentiment in this complex can flip.
Shares of SolarEdge Technologies (NASDAQ:SEDG | SEDG Price Prediction) are ripping higher in Friday’s midday session, with SEDG stock up 22% to $61.44. That extends Thursday’s surge into a powerful two-day run, with the one-week move now sitting at 49%.
Enphase Energy (NASDAQ:ENPH) is along for the ride, with ENPH stock up 11% to $53.25 and the one-week tally near 46%. The rooftop solar bid that ignited Thursday’s session isn’t fading. It’s compounding.
The kicker: this is happening with the 10-year Treasury yield at 4.46%, still elevated but not the kind of move that breaks residential financing math. The bid looks structural.
SolarEdge’s Margin Story Keeps Working SolarEdge’s Q1 2026 report on May 6 delivered revenue of $310.5 million, up 42% year over year (YoY) and ahead of consensus. Non-GAAP gross margin came in at 24%, marking the sixth consecutive quarter of margin expansion.
The bigger driver here is the forward guide. SolarEdge’s management called for $325 million to $355 million in Q2 2026 revenue with non-GAAP gross margin between 23% and 27%, and CEO Shuki Nir told investors SolarEdge expects to be “close to breakeven operating profitability” at the midpoint.
Nir asserted the company has “shifted decisively to offense” around the Nexis platform rollout and an AI data-center power roadmap. With short interest still heavy and SEDG stock down 72% over five years, a clean beat plus a profitability inflection is exactly the cocktail that forces covering.
Enphase Catches the Sympathy Bid Enphase isn’t reporting today, but the setup is supportive. The most recent Q4 2025 print on February 3 delivered non-GAAP EPS of $0.71 against a $0.58 estimate, with U.S. sell-through demand and IQ Batteries flagged as standouts.
ENPH stock now sports a forward P/E ratio of 17x against a market cap of $6.33 billion, with the one-month gain stretching to 65%. That’s the kind of move that could draw momentum traders into Enphase.
Utility-Scale Names Aren’t Joining the Party The divergence is the real tell. Canadian Solar (NASDAQ:CSIQ) is down 1% today to $17.58, extending its post-earnings slide after the Q1 report leaned on a $93 million one-time IEEPA tariff refund to flatter the gross margin line.
First Solar (NASDAQ:FSLR) is participating only modestly, up 2% to $235.75, with FSLR stock still down 10% year to date (YTD). Capital is rotating into residential power electronics rather than utility-scale modules.
What Could Break This Move Solar is notoriously volatile, and a two-day rip can reverse just as fast. SEDG stock now trades well above the consensus analyst target of $39.57, with the analyst board still skewed 21 Holds against just one Buy. That’s a setup where one cautious downgrade into the weekend could take the air out quickly.
Policy is the other watch item. The IRA as amended by the One Big Beautiful Bill Act of 2025, plus the looming Section 25D expiration, is pulling residential demand forward. Any headline that questions the runway, or a back-up in the 10-year past the 4.58% high from May 21, 2025, would test the thesis fast.
Keep an eye on whether SEDG stock holds above $60 into the close and whether sell-side desks push out fresh notes on Monday. Momentum traders own this tape right now, and the next analyst action will decide if the bid keeps compounding or finally takes a breather.
The company is increasingly shifting its manufacturing focus to the U.S., including the upcoming launch of a major plant in Indiana making high-tech solar cells
image credit: Bamboo Works
Key Takeaways: Canadian Solar will launch commercial production at a major new solar-cell factory in the U.S. in the next two months, as part of its growing shift to North American production The company boasts significantly higher gross margins than most of its peers, thanks to its focus on profitable markets and strong margins for its newer energy storage business Chinese, Canadian or American?
Canadian Solar said the Jeffersonville plant entered trial production earlier this year, with commercial operation set to start in about two months. The project's first phase will have 2.1 GWp of capacity, with another 4.2 GWp coming in phase two set for addition in 2027, bringing total capacity to 6.3 GWp.
No mention of export restrictions by China was made in published remarks by either side following the meeting, which Western media have cast as large on symbolism but lacking much in actual substance. The U.S. has taken repeated steps to block the export of high-tech chips and chip-making equipment to China, while China has countered by restricting the export of rare earths needed to make special magnets used in many cutting-edge electronics.
Subsidy eligibilityCanadian Solar's increasingly U.S.-centric approach is part of the company's broader recent strategy of focusing on its most profitable markets, and scaling back or leaving less profitable ones. We've already noted that the company gets nearly half of its sales from the U.S., which has helped it post industry-beating margins as the broader global solar sector suffers from massive overcapacity.
Canadian Solar's gross margin was 18.3% last year, and the company said it expects the level to be in the 13% to 15% range for the rest of this year. By comparison, JinkoSolar's gross margin last year was a far lower 2.2%, while Longi's was just 0.8%. Part of the difference also owes to Canadian Solar's other businesses building solar farms and in the emerging energy storage sector, in addition to its solar panel business.
Canadian Solar's first-quarter financials weren't exactly too impressive, including a 10% year-on-year revenue decline to $1.1 billion, as Parkin described the market as continuing to face myriad ongoing "challenges." The company's module shipments fell by a much steeper 64% year-on-year during the quarter. That was partly offset by strong growth for its energy storage business, whose shipments rose 142% year-on-year to 2.1 GWh.
On the bottom line, Canadian Solar reported a net loss of $32 million for the quarter, similar to the $34 million loss it reported a year earlier.
The company's stock has been quite volatile over the last year, more than tripling at one point over a three-month period from last September to November on hopes of a sector recovery that later turned out to be premature. The stock fell 11% ahead of the latest results, and then was mostly flat the day after the actual announcement, indicating investors were probably hoping for more beyond the relatively upbeat news in the report.
Going forward, much will depend on how well Canadian Solar can convince both solar panel buyers and investors that it's gradually shedding its China connections and becoming a North American company. Success in that regard could provide some upside for its U.S.-listed stock, which still trades at a relatively low price-to-sales (P/S) ratio compared with most of its peers.
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The U.S. solar market continues to benefit from strong demand driven by rising electricity consumption, AI-powered data center growth and corporate clean-energy goals, with the Solar Energy Industries Association projecting solar capacity to nearly triple by 2036. However, growth is being tempered by policy uncertainty following the OBBBA, tighter tax-credit timelines, supply-chain pressures and weaker residential solar economics resulting from changes such as California’s Net Billing Tariff, all of which are increasing project risks and slowing parts of the market. A few prominent companies that solar investors may want to monitor are First Solar (FSLR - Free Report) , Enphase Energy (ENPH - Free Report) and Canadian Solar (CSIQ - Free Report) .
About the Industry The Zacks Solar industry can be fundamentally categorized into two groups of companies. One is involved in designing and producing high-efficiency solar modules, panels and cells, while the other is engaged in installing grids and, in some cases, entire solar power systems. The industry also includes a handful of companies that manufacture inverters for solar power systems, which convert solar power from modules into electricity required by electric grids. Per a report from the U.S. Energy Information Administration (“EIA”), solar’s share of U.S. electricity generation will be 8% in 2026 and 9% in 2027. It remains the nation's dominant form of new generating capacity.
3 Trends Shaping the Future of the Solar Industry Strong Demand Supports Solar Market Growth: Utilities and businesses across the United States are accelerating their adoption of solar energy — particularly solar systems combined with battery storage — as they seek cleaner, more resilient and cost-effective power solutions. Rising electricity prices and growing decarbonization commitments are making solar increasingly attractive, while battery storage helps users maintain power reliability during grid disruptions and periods of peak demand. The U.S. solar market is experiencing rapid expansion due to an unprecedented increase in electricity demand from data centers. The rapid expansion of artificial intelligence and cloud computing has significantly increased electricity consumption, prompting major technology companies and hyperscalers to invest aggressively in utility-scale solar and energy-storage projects. These investments are intended not only to secure reliable grid capacity for future operations, but also to support ambitious corporate sustainability and net-zero commitments.
A report published in March 2026 by the Solar Energy Industries Association (“SEIA”) projects cumulative U.S. solar capacity to nearly triple from 279 GWdc installed at year-end 2025 to 769 GWdc by 2036, with average annual capacity additions exceeding 44 GWdc. The updated forecast represents an increase from the prior quarter’s outlook, reflecting a stronger near-term utility-scale project pipeline and continued growth in energy demand expectations.
Policy Uncertainty Slows the Momentum: Policy uncertainty at the federal level has emerged as a significant challenge for the U.S. solar sector after the enactment of the One Big Beautiful Bill Act (“OBBBA”). The law significantly reduced the eligibility window for key clean-energy tax incentives, requiring most solar and wind projects to either begin construction by July 2026 or enter service before the end of 2027 to qualify for federal tax credits. In addition, the legislation imposed more rigorous construction qualification rules along with stricter regulations tied to foreign sourcing and supply-chain compliance. These changes have heightened development, financing and execution risks across the industry. Many market participants believe the tighter deadlines could force delays, restructuring or even cancellation of projects that are still navigating permitting approvals or grid interconnection processes.
The SEIA report highlighted that the residential segment installed 4,647 MWdc of solar capacity in 2025, representing a 2% decline from 2024 levels. Although module shortages and delivery delays raised concerns late in the year, most installers secured sufficient equipment to complete projects. Demand also failed to meaningfully accelerate ahead of the Section 25D tax credit expiration, as the OBBBA provided too little time for companies to ramp up sales, customer acquisition and installations before the deadline.
Tariff Pressures Strain Solar Economics: The heightened U.S. tariffs on imported goods have been negatively impacting nearly all industries, and solar is no exception. As expected, these tariffs have increased manufacturing costs for solar companies, which were already grappling with raw material shortages due to global supply-chain challenges. State-level policy changes have added pressure to the residential solar market. For example, California’s transition to the Net Billing Tariff (“NBT”) significantly reduced the compensation homeowners receive for excess electricity exported to the grid, lowering the economic benefits of rooftop solar systems.
According to the SEIA report, the U.S. commercial solar segment grew 6% in 2025, reaching 2,345 MWdc of new installations, largely driven by the continued rollout of California projects approved under the more favorable NEM 2.0 policy. Despite the transition to the less attractive NBT system, over 70% of fourth-quarter installations were still NEM 2.0 projects. However, as the backlog gradually declines, the market is expected to slow in 2026 because projects developed under NBT generally offer lower customer savings and weaker economic returns.
Zacks Industry Rank Reflects Gloomy Outlook The Zacks Solar industry is housed within the broader Zacks Oils-Energy sector. It currently carries a Zacks Industry Rank #203, which places it in the bottom 17% of more than 245 Zacks industries.
The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates bleak near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
The industry’s position in the bottom 50% of the Zacks-ranked industries is due to a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts have lost confidence in this group’s earnings growth potential over the past few months. The industry’s bottom-line estimate for the current fiscal year has moved down 9.1% to $1.50 since Feb. 28.
Before we present a few solar stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock-market performance and valuation picture.
Industry Beats Sector & S&P 500 The solar industry has outperformed both its sector and the Zacks S&P 500 composite over the past year. The stocks in this industry have collectively grown 71.4% over the past year, while the Oils-Energy sector rose 43.3%. The Zacks S&P 500 composite has surged 31% in the same time frame.
One-Year Price Performance
Industry's Current Valuation On the basis of the trailing 12-month EV/EBITDA, which is commonly used for valuing solar stocks, the industry is currently trading at 12.76X compared with the S&P 500’s 18.65X and the sector’s 7.03X.
Over the past five years, the industry has traded as high as 34.03X, as low as 4.44X and at the median of 13.12X.
EV-EBITDA Ratio (TTM)
3 Solar Stocks to Watch Canadian Solar: Based in Kitchener, Ontario, Canada, the company is one of the leading manufacturers of solar PV modules and a provider of solar energy and battery energy storage solutions. On May 14, 2026, CSIQ reported first-quarter results. Solar module shipments in the quarter totaled 2.5 GW, down 64% year over year. Total battery energy storage shipments amounted to 2.1 GWh, up 142% year over year. The company commenced trial production at the flagship HJT solar cell factory in Jeffersonville, IN, marking a milestone in U.S. domestic manufacturing, with commercial operation targeted to begin in July 2026.
The Zacks Consensus Estimate for Canadian Solar’s 2026 earnings per share (EPS) indicates an increase of 53.6% year over year. The consensus estimate for 2026 sales indicates an increase of 2.8% year over year. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Price & Consensus: CSIQ
Enphase Energy: Based in Fremont, CA, this company is a global energy technology company that delivers energy management technology for the solar industry. It designs, develops, manufactures and sells home energy solutions, which connect energy generation, energy storage and control and communications management on a single intelligent platform. On May 18, 2026, Enphase Energy, announced the launch of PowerMatch technology for IQ Battery 10C systems in the United States, including Puerto Rico, and for IQ Battery 5P systems across North America and select countries in Central America and the Caribbean. During the first quarter of 2026, ENPH shipped 1.39 million microinverters from Texas and South Carolina facilities.
The Zacks Consensus Estimate for Enphase Energy’s 2026 earnings has improved 2.91% over the past 60 days. The consensus estimate for 2027 EPS indicates an increase of 19.9% year over year. The stock currently carries a Zacks Rank of 3.
Price & Consensus: ENPH
First Solar: Based in Tempe, AZ, the company is a leading global provider of comprehensive PV solar energy solutions and specializes in designing, manufacturing, and selling solar electric power modules using a proprietary thin-film semiconductor technology. On April 30, 2026, FSLR reported first-quarter results. Net sales were $1.04 billion for the first quarter, a 24% increase year over year, driven primarily by an increase in the volume of modules sold to third parties. It reported contracted sales backlog of 47.9 GW as of March 31, 2026.
The Zacks Consensus Estimate for First Solar’s 2026 EPS indicates an improvement of 24.1% from the prior-year reported figure. The consensus estimate for 2027 EPS indicates an improvement of 36.2% year over year. The company currently carries a Zacks Rank of 3.
On May 28, 2026, Canadian Solar Inc (CSIQ) shares rose 6.3%, bringing the current price to $20.26. The stock has experienced significant volatility, with a 52-w
Canadian Solar is rated Buy, driven by a booming e-STORAGE business with a record $3.5B contracted backlog. CSIQ's e-STORAGE revenue is set to accelerate, with shipment guidance raised to 4.5–5.5 GWh in FY2026 and strong growth projected through 2027. Consensus expects CSIQ to return to profitability in FY2027, with EPS reaching $0.98 and revenue growth of 25.76% YoY.
, /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ) today announced the publication of its 2025 Sustainability Report. The report outlines the Company's ongoing efforts in environmental stewardship, social responsibility, and corporate governance while supporting the global transition to clean energy.
The sustainability disclosures in this report are aligned with global standards established by the Sustainability Accounting Standards Board (SASB) and Global Reporting Initiative (GRI), with reference to the International Financial Reporting Standards (IFRS) set by the International Sustainability Standards Board (ISSB). The full report is available here.
The report provides a comprehensive overview of Canadian Solar's sustainability initiatives, including:
Science-validated climate commitments: In December 2025, the Science Based Targets initiative validated the Company's near-term and long-term emissions reduction targets, including its commitment to net-zero greenhouse gas emissions across its value chain by 2050. With independent validation in place, Canadian Solar's climate commitments are anchored in science and subject to external accountability. Advancements in resource efficiency and circular economy: The Company implemented 59 energy conservation projects and 17 water-saving initiatives in 2025, delivering 101 GWh in energy savings and 1.46 million tons in water savings. Regarding its product carbon footprint, Canadian Solar's PV modules obtained Environmental Product Declaration (EPD) and ECS certification, while its SolBank 3.0 battery energy storage system successfully completed a life cycle assessment. Furthermore, two of the Company's manufacturing facilities earned Zero-Carbon Factory certification. These efforts, complemented by the global recycling of 6,909 end-of-life solar modules, underscore Canadian Solar's steadfast commitment to resource efficiency and circular economy principles throughout the product lifecycle. Deepening assurance across our operations and supply chain: In 2025, the Company assembled the most comprehensive body of independent evidence to date, reinforcing its commitment to upholding ethical labor practices across its operations and upstream supply chain. The Company's Suqian solar cell factory in China earned Silver-level recognition under the RBA Validated Assessment Program (VAP), joining its Thailand solar module factory which achieved the same rating in 2023. Additionally, its Suqian and Baotou factories in China completed Solar Stewardship Initiative assessments, receiving Silver and Bronze certifications, respectively. Beyond the Company's own factories, two of its key polysilicon suppliers in Qinghai Province, China completed RBA VAP audits at its request, each earning Silver-level recognition. All these audit results independently confirmed full compliance with Freely Chosen Employment standards. Hanbing Zhang, Chief Sustainability Officer of Canadian Solar, commented, "We are pleased to present Canadian Solar's 2025 Sustainability Report, which reflects our global team's dedication to integrating sustainability into every facet of our operations. At Canadian Solar, we are committed to minimizing the environmental footprint of our operations, safeguarding the well-being of our employees, and maintaining a responsible supply chain. We believe transparency and accountability in our practices and reporting are essential to demonstrating our commitment to responsible business conduct and driving continuous improvement. We are proud of the progress made this year and remain focused on advancing our sustainability journey."
Colin Parkin, Chief Executive Officer of Canadian Solar, added, "The year 2025 was defined by significant progress in how we measure, manage, and improve the environmental and social performance of our business. We reached these milestones while navigating a challenging solar industry landscape, a backdrop that reinforced our decision to prioritize value-driven growth over volume. Underpinned by ethical business conduct, our commitment remains steadfast. We are not just delivering renewable energy solutions; we are ensuring that our manufacturing processes and supply chain operations are conducted with the highest standards of environmental stewardship and social responsibility to create lasting value for our stakeholders."
About Canadian Solar Inc.
Canadian Solar is one of the world's largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 25 years, Canadian Solar has successfully delivered nearly 177 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar had shipped over 20 GWh of battery energy storage solutions to global markets as of March 31, 2026, and had a $3.5 billion contracted backlog as of May 8, 2026. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12.2 GWp of solar power projects and 6.4 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 24 GWp of solar and 81 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.
Safe Harbor/Forward-Looking Statements
Certain statements in this press release, including those regarding the Company's expected future shipment volumes, revenues, gross margins, and project sales are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the "Safe Harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as "may", "will", "expect", "anticipate", "future", "ongoing", "continue", "intend", "plan", "potential", "prospect", "guidance", "believe", "estimate", "is/are likely to" or similar expressions, the negative of these terms, or other comparable terminology. These forward-looking statements include, among other things, our expectations regarding global electricity demand and the adoption of solar and battery energy storage technologies; our growth strategies, future business performance, and financial condition; our transition to a long-term owner and operator of clean energy assets and expansion of project pipelines; our ability to monetize project portfolios, manage supply chain fluctuations, and respond to economic factors such as inflation and interest rates; our outlook on government incentives, trade measures, regulatory developments, and geopolitical risks; our expectations for project timelines, costs, and returns; competitive dynamics in solar and storage markets; our ability to execute supply chain, manufacturing, and operational initiatives; access to capital, debt obligations, and covenant compliance; relationships with key suppliers and customers; technological advancement and product quality; and risks related to intellectual property, litigation, and compliance with environmental and sustainability regulations. Other risks were described in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 10, 2026. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today's date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.
CANADIAN SOLAR INC. INVESTOR RELATIONS CONTACT
Wina Huang
Investor Relations
Canadian Solar Inc.
[email protected]
If you bought Invesco Solar ETF (NYSEARCA:TAN) on the last trading day of 2025 at about $49 and checked your account at Monday’s close, your shares were worth about $71, a gain of about 45% in roughly five months. A $10,000 position became about $14,480. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) over the same window returned about 11%. So TAN is beating the broad market by something like four-to-one year to date, and the gap widened again last week when the fund tacked on another roughly 8% in five sessions.
That is the kind of number that gets screenshotted. It is also the kind of number that needs a closer look, because the same fund five years ago traded at about $77. Over a half-decade, TAN is still down about 8%, while the S&P 500 returned roughly 80%. The 2026 run is a recovery off a bombed-out base, not a fresh leg up from all-time highs. That distinction matters for what comes next.
The Funeral That Never Quite Happened The framing that solar was "left for dead" in 2025 deserves a small correction. TAN actually finished 2025 up about 41%, climbing from about $35 in early January to about $49 by year-end. The deeper damage was 2022 through 2024, when rising rates ate into project financing economics and the threat of a Republican sweep had traders pricing in a partial unwind of the Inflation Reduction Act. A Yahoo Finance piece from October 2024 captured the mood: a potential Republican sweep could lead to the scaling back of Inflation Reduction Act funds, specifically residential and commercial green investment tax credits. By the time 2025 opened, solar was a sector that hedge funds had largely walked away from.
That setup, a hated sector with crushed multiples and a few real businesses inside the wrapper, is what produced the move. Over the past twelve months TAN has returned about 120% against SPY’s roughly 29%. The fund just put in a 20% month in May alone. Sentiment turned before the fundamentals fully did, which is usually how these things work.
What Actually Did the Work TAN tracks the MAC Global Solar Energy Index and holds roughly 40 solar energy companies, with the top 25 holdings comprising about 93% of the fund. The names doing the heavy lifting in 2026 are familiar to anyone who watched the sector get punished. First Solar, Enphase Energy, Nextpower, and Enlight Renewable Energy sit near the top of the book, and the bullish-to-somewhat-bullish coverage on First Solar in particular has been steady through the spring. A May 21 Barron’s piece by Doug Busch flagged the setup directly, with TAN carrying a 0.403 bullish ticker sentiment score in Alpha Vantage’s aggregation.
Underneath the price action there is a real demand story. The EIA’s May 2026 Short-Term Energy Outlook revised its utility-scale solar generation forecast for 2026 1.4% higher than the prior month, citing more solar generating capacity online at the beginning of the year than previously estimated. Residential electricity prices are running about 18.2 cents per kilowatthour in 2026, a roughly 5% increase from 2025, which improves the payback math on rooftop systems. Estimated net summer solar PV capacity from utility and small-scale facilities reached 216,249 megawatts as of March 2026, up from 209,304 megawatts in December 2025. Installations are accelerating into a tightening grid.
The policy backdrop also failed to deliver the disaster that was priced in. The IRA tax credits remained intact through the first half of 2026, and the residential and commercial tax credits that solar developers depend on are still flowing. That is the simplest way to explain the move. The sector was priced for the worst case, and the worst case did not arrive.
What You Are Buying At $71 Here is the honest part. A reader who saw the headline and is thinking about chasing the move is buying a fund that has already done a roughly 8% week and a 20% month, with shares down about 4% on Monday alone. The setup that produced 2026’s gains, namely deep pessimism, depressed valuations, and a policy bogeyman that never showed up, is no longer the setup in front of you. Solar in June 2026 is consensus-bullish. A Motley Fool piece from May 23 framed it neatly, arguing TAN provides higher growth potential in the renewable solar energy sector versus traditional fossil fuel ETFs. That is the kind of take that shows up after the easy money has been made, not before.
The indicators worth watching from here are concrete. First, the EIA’s monthly capacity additions, which tell you whether the installation pace is holding or rolling over. Second, the trajectory of residential electricity prices, because every penny of rate increase tightens the payback period for rooftop solar and helps Enphase’s microinverter unit economics. Third, the legislative calendar around the IRA, since any serious attempt to claw back tax credits would re-introduce the discount that 2025 priced in. Fourth, the Fed’s path on rates, because solar project finance is one of the most rate-sensitive parts of the energy capital stack, and the rate cuts feeding the 2026 rally are already partly in the price.
A fund that is up 50% in five months after five flat years is doing something real. It is also a fund where the easy disagreement has been resolved in the bulls’ favor, which means new buyers are paying for a recovery that has largely already happened. The thing to remember is that the 2026 move was about a hated sector getting re-rated, not about solar suddenly becoming a different business. The next 50% will have to come from earnings, not from sentiment, and that is a much harder ask.