Track market-moving stories before they get noisy

Stocks are having a quiet morning Monday as investors come off a long holiday weekend with a close eye on peace talks between the U.S. and Iran; a second day of negotiations in Switzerland has reportedly concluded after renewed threats against Iran from President Trump and continued attacks in Lebanon by Israel made for an eventful first day of talks; earnings from FedEx and Micron are on tap this week, along with the release of the Fed's preferred measure of inflation; SpaceX shares are poised to start this week with a third straight day of declines; and shares of Apogee Therapeutics are soaring on news it is being acquired by AbbVie for $11 billion. Here's what you need to know today.

, /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE: MKC) declared a quarterly dividend of $0.48 per share on its common stocks, payable July 20, 2026, to shareholders of record July 6, 2026.

This is the 102nd year of consecutive dividend payments by the Company.

About McCormick 
McCormick & Company, Incorporated is a global leader in flavor. With approximately $7 billion in annual sales across 150 countries and territories, we manufacture, market, and distribute herbs, spices, seasonings, condiments and flavors to the entire food and beverage industry including retailers, food manufacturers and foodservice businesses. Our most popular brands with trademark registrations include McCormick, French's, Frank's RedHot, Stubb's, OLD BAY, Lawry's, Zatarain's, Ducros, Vahiné, Cholula, Schwartz, Kamis, DaQiao, Club House, Aeroplane, Gourmet Garden, FONA and Giotti. The breadth and reach of our portfolio uniquely position us to capitalize on the consumer demand for flavor in every sip and bite, through our products and our customers' products. We operate in two segments, Consumer and Flavor Solutions, which complement each other and reinforce our differentiation. The scale, insights, and technology that we leverage from both segments are meaningful in driving sustainable growth.

Founded in 1889 and headquartered in Hunt Valley, Maryland USA, McCormick is committed to its Purpose – To Make Life More Flavorful – and driven by its Vision - To be the World's Most Trusted Source of Flavor.  

To learn more, visit: www.mccormickcorporation.com or follow McCormick & Company on Instagram and LinkedIn.

For information contact:

Global Communications:
Jill Marvin – [email protected]

SOURCE McCormick & Company, Incorporated

Key Takeaways BEN reached a 52-week high of $33.29 and outperformed IVZ and TROW over six months.BEN's AUM grew at a 3.1% CAGR over five years, with continued momentum in the first half of fiscal 2026.BEN is expanding through acquisitions and partnerships across alternatives and digital assets. Shares of Franklin Resources, Inc. (BEN - Free Report) touched a new 52-week high of $33.29 during yesterday’s trading session before closing slightly lower at $33.18.

Over the past six months, BEN shares have rallied 38.9% against the industry’s decline of 9.7%. The stock has also fared better than its close peers, Invesco Ltd. (IVZ - Free Report) and T. Rowe Price Group, Inc. (TROW - Free Report) , which gained 10.3% and 5.5%, respectively, over the same period.

Price Performance
Image Source: Zacks Investment Research

Does Franklin have more upside left after touching a new 52-week high? Let us find out.

Other Factors Supporting Franklin’s GrowthAUM Growth Driven by Diversification Efforts: Franklin has continued to deliver healthy growth in its assets under management (AUM) over the years, registering a 3.1% compound annual growth rate (CAGR) over the past five fiscal years through fiscal 2025, despite declines in fiscal 2022 and 2025. The upward momentum continued in the first half of fiscal 2026.

AUM Growth Trend
Image Source: Franklin Resources, Inc.

The company’s strategic push into higher-demand asset classes, especially alternatives, is expected to remain a key driver of AUM expansion going forward. In addition, its regionally diversified distribution network has helped strengthen its non-U.S. franchise and supported steady net inflows.

Solid Organic Growth: Organic growth has been a key strength for Franklin over the years. Although revenues declined in fiscal 2023, the company recorded a CAGR of 1.9% over fiscal 2022-2025. The growth momentum continued in the first six months of fiscal 2026, with revenues increasing year over year.

Going forward, revenues are likely to benefit from BEN's relatively strong distribution platform, which has supported diversification inflows across funds, vehicles and asset classes. The company also enjoys a first-mover advantage in several international markets and continues to diversify its business to build broader sources of revenues, primarily driven by a solid fixed-income pipeline. These initiatives, along with expanding investment capabilities, are expected to support long-term revenue growth.

The Zacks Consensus Estimate for BEN's fiscal 2026 and fiscal 2027 revenues is pegged at $9.1 billion and $9.2 billion, indicating year-over-year growth rates of 3.6% and 0.9%, respectively.

Revenue Estimates
Image Source: Zacks Investment Research

Strategic Acquisitions and Partnerships to Expand Capabilities: As part of its ongoing strategy to diversify investment offerings and strengthen its presence in high-growth asset classes, Franklin has continued to expand through acquisitions and strategic partnerships. In April 2026, the company agreed to acquire 250 Digital, a crypto investment firm spun out of CoinFund, and launch the Franklin Crypto unit to enhance its digital asset capabilities and broaden its institutional reach. Earlier, in February 2026, BEN partnered with Binance to introduce an off-exchange institutional collateral program aimed at improving the safety and capital efficiency of digital asset trading.

Franklin has also been strengthening its alternatives and technology capabilities. In November 2025, the company partnered with Wand AI to bolster AI-driven research and operations. Earlier, in October 2025, BEN acquired Apera Asset Management, expanding its alternative credit AUM to more than $90 billion and increasing its overall alternatives platform to approximately $270 billion. In September 2025, partnerships with Copenhagen Infrastructure Partners, DigitalBridge and Actis broadened its private infrastructure offerings, while the alliance with SBI Holdings in 2024 strengthened its exchange-traded fund and digital asset capabilities.

Together, these acquisitions and partnerships are expected to enhance Franklin's alternative investment capabilities, diversify revenue streams and support long-term AUM growth across its global asset management platform.

Strong Liquidity to Aid Shareholder Returns: Franklin maintains a healthy liquidity profile, providing financial flexibility and supporting its ability to pursue growth opportunities while returning capital to shareholders. As of March 31, 2026, the company had no short-term debt, while its liquidity position, comprising cash and cash equivalents, receivables and investments, stood at $6.6 billion.

As such, Franklin's strong liquidity position continues to support its shareholder-friendly capital distribution activities. In December 2025, the board authorized the repurchase of an additional 20.8 million shares, taking the total authorization to 40 million shares. As of March 31, 2026, shares worth $35.9 million remained available under the authorization. Further, the company raised its quarterly cash dividend by 3.1% to 33 cents per share in December 2025 and has increased dividends five times over the past five years. BEN currently offers a dividend yield of 3.9%, above the industry average of 2.5%. Meanwhile, Invesco and T. Rowe Price offer dividend yields of 2.9% and 4.8%, respectively.

Dividend Yield
Image Source: Zacks Investment Research

Concerns Prevailing for BENInvestment Management Fees Remain a Key Concentration Risk: The company's total revenues are heavily dependent on investment management fees, which represent its largest revenue source. These fees accounted for 79.3% of total revenues as of March 31, 2026, and have witnessed a volatile trend over the years. While the metric has generally trended upward in recent years, it largely depends on the level and mix of AUM, which are influenced by market conditions, client flows and investor preferences.

Further, Franklin's AUM is exposed to foreign exchange movements, regulatory changes and broader economic conditions. Thus, any sustained decline in AUM levels may pressure investment management fees and adversely impact the company's financial performance.

Higher Expenses Could Pressure Profitability: Franklin has been witnessing elevated operating expenses over the years. Though expenses declined in fiscal 2022, the metric recorded a CAGR of 7.9% over fiscal 2022-2025, with the upward trend continuing in the first six months of fiscal 2026.

Moreover, the acquisition of Apera Asset Management is expected to add roughly $30 million in expenses in fiscal 2026. While management expects efficiency savings to offset these costs, ongoing investments in technology, higher fundraising expenses and integration costs related to specialist investment managers may continue to pressure margins and limit bottom-line growth.

Analyzing BEN's Earnings Estimates and ValuationAnalysts are optimistic regarding Franklin’s earnings growth potential. Over the past month, the Zacks Consensus Estimate for the company’s fiscal 2026 and 2027 earnings has been revised upward. The estimated figures reflect respective year-over-year growth rates of 23.4% and 8.4%.

Earnings Revision Trend
Image Source: Zacks Investment Research

In terms of valuation, BEN stock appears inexpensive relative to the industry. The company is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 11.4X, which is below the industry’s P/E of 13.8X.

Price-to-Earnings F12M
Image Source: Zacks Investment Research

Meanwhile, Invesco holds a P/E ratio of 10.62X, while T. Rowe Price’s P/E ratio stands at 11.3X.

How to Approach BEN Stock Now?Franklin’s expanding alternatives platform, along with its strategic acquisitions and growing digital asset capabilities, is expected to support long-term AUM and revenue growth. Strong liquidity and consistent capital return initiatives further highlight the company’s financial strength and shareholder-friendly approach.

Improving earnings performance, a diversified product suite and a strengthening global distribution network continue to support Franklin’s long-term growth outlook. Additionally, BEN stock appears attractively valued relative to the industry.

However, volatility in investment management fees, along with a rising expense base driven by acquisitions and integration costs, is likely to pressure margins and earnings in the near term.

Hence, despite the recent rally, investors may prefer to wait for a more attractive entry point. Existing shareholders, however, may continue to hold the stock, given Franklin’s solid fundamentals and long-term growth initiatives.

The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 

Benefit Street Partners L.L.C. (“BSP”), Franklin Templeton’s private credit specialist investment manager with $93 billion in assets under management, (1) today announced that BSP CLO 50, a $500 million new-issue collateralized loan obligation (CLO), closed on May 26, 2026. The transaction was arranged in partnership with Scotiabank.

The closing of BSP CLO 50 marks a significant milestone for BSP’s U.S. CLO platform, which has raised approximately $25.5 billion in CLO capital since the firm’s first issuance in 2012. The platform has attracted support from more than 300 distinct investors since inception, reflecting the breadth of the firm’s investor relationships and the consistency of its CLO execution across market cycles.

“Closing CLO 50 is an important achievement for BSP and a testament to the strength, scale, and durability of our platform,” said Dan Ryan, Co-Head of the U.S. CLO platform at BSP. “We are grateful for the continued confidence of our investors and financing partners, and we remain focused on delivering disciplined credit selection, active portfolio management, and consistent execution.”

BSP has established itself as a leading CLO manager globally. The firm is currently ranked as the 9th largest U.S. CLO manager and the 8th largest CLO manager globally, according to Intex, and was the 5th most active new U.S. CLO issuer as of June 8, 2026, according to JPMorgan. The firm’s CLO platform is supported by BSP’s broader credit investment capabilities, deep underwriting resources, and long-standing relationships across the leveraged finance market.

“BSP CLO 50 underscores the continued momentum of our CLO franchise and the confidence investors have placed in our team,” said Vince Pompliano, Co-Head of the U.S. CLO platform. “Our track record has been built through disciplined investment selection, active portfolio management, and a long-term commitment to the CLO market. We believe those attributes will continue to differentiate BSP as we grow the platform.”

In addition to its U.S. business, BSP has continued to expand its European CLO capabilities, further broadening the firm’s global liquid and structured credit platform since 2002. BSP’s presence across both U.S. and European CLO markets enhances its ability to serve a diverse international investor base and pursue attractive opportunities across the global leveraged loan market.

BSP has also continued to deepen its CLO capital formation capabilities. In 2025, the firm closed its third captive fund, raising $500 million, further supporting the growth and stability of its CLO issuance program.

(1) As of March 31, 2026

About Benefit Street Partners

Benefit Street Partners (“BSP”) is an alternative credit pioneer with $93 billion in assets under management (including Apera Asset Management) as of 31 March 2026. It seeks to deliver attractive, risk-adjusted returns through its deep specialism, long-term relationships and global reach. A wholly owned subsidiary of Franklin Templeton, BSP is focused on credit. Through its disciplined, solutions-oriented approach, BSP unlocks opportunities across market cycles and geographies. The firm manages strategies spanning private debt, real estate debt, structured credit, and liquid loans. For more information visit bspcredit.com.

About Franklin Templeton

Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity.

With more than $1.78 trillion in assets under management as of May 31, 2026, Franklin Templeton operates globally in more than 35 countries.

To learn more, visit franklintempleton.com and follow us on LinkedIn.

Franklin Resources, Inc. [NYSE: BEN]

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Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.

While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends account for significant portions of long-term returns, with dividend contributions exceeding one-third of total returns in many cases.

Based in San Mateo, Franklin Resources (BEN - Free Report) is in the Finance sector, and so far this year, shares have seen a price change of 42.03%. The investment manager is currently shelling out a dividend of $0.33 per share, with a dividend yield of 3.89%. This compares to the Financial - Investment Management industry's yield of 2.57% and the S&P 500's yield of 1.44%.

Looking at dividend growth, the company's current annualized dividend of $1.32 is up 3.1% from last year. Over the last 5 years, Franklin Resources has increased its dividend 5 times on a year-over-year basis for an average annual increase of 3.38%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. Franklin Resources's current payout ratio is 51%, meaning it paid out 51% of its trailing 12-month EPS as dividend.

Earnings growth looks solid for BEN for this fiscal year. The Zacks Consensus Estimate for 2026 is $2.77 per share, representing a year-over-year earnings growth rate of 24.77%.

Investors like dividends for many reasons; they greatly improve stock investing profits, decrease overall portfolio risk, and carry tax advantages, among others. However, not all companies offer a quarterly payout.

Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. During periods of rising interest rates, income investors must be mindful that high-yielding stocks tend to struggle. That said, they can take comfort from the fact that BEN is not only an attractive dividend play, but is also a compelling investment opportunity with a Zacks Rank of #1 (Strong Buy).

New client support model designed to better serve clients, foster deeper partnerships, and drive long-term growth

, /PRNewswire/ -- T. Rowe Price, a global asset management firm and a leader in retirement, announced a series of strategic enhancements to its institutional business model in the U.S. These changes reflect the evolving needs of the institutional marketplace, where greater emphasis is placed on strategic partnerships, enabling deeper client engagements, and facilitating closer collaboration with consultants who increasingly influence allocation decisions.

Recognizing the evolving marketplace dynamics and T. Rowe Price's long-tenured history of providing service alpha to U.S. institutional clients, the firm's Institutional Americas business has actively adapted its operating model to meet these needs. The model is designed to strengthen support for strategic client and consultant relationships through coordinated delivery of investment insights, portfolio context, and enterprise capabilities. It is also intended to enhance operational coordination, governance, and servicing scalability for increasingly complex institutional relationships.

Key structural changes include:

Defining a holistic model for strategic institutional relationships and moving away from separate sales and service roles. Each U.S. region—Northeast, Southeast, Central, and West—will operate as an integrated team under a single leader, delivering a consistent, client-centric experience. Launch of a dedicated four-person national field consultant coverage team that is solely focused on delivering industry-leading support to key field consultants across the U.S. This extension will provide field consultants with a more consistent point of contact, better insights and portfolio updates, and strengthen coordination of shared relationships through a more focused, proactive approach. Creation of a U.S. Institutional key accounts practice, which will focus on the business' most strategic relationships, setting new standards for client management, risk and growth planning, and enterprise connectivity. "T. Rowe Price's new institutional operating model is a testament to our adaptability as preferences diverge across geographies and markets, directly supporting our corporate strategy of being an outcome-oriented solutions provider," said Chris Newman, Head of Americas Distribution. "These enhancements are built to provide world class service through a total portfolio approach to relationship management."

The firm's U.S. Institutional business has implemented several leadership changes to support this regionally empowered, outcome-driven evolution.

Kyle Lagratta, Associate Head, Institutional Business Development, and Chris Tarui, Head, Global Institutional Alternatives Distribution, U.S. Consultant Relations, and OCIO, will co-head relationship management. Tarui will continue to lead U.S. Consultant Relations, and Lagratta will oversee defined contribution relationship managers. Tarui's investment experience began in 2004, and he has been with T. Rowe Price since 2021. Lagratta's industry experience began in 2008, and he joined T. Rowe Price in 2014. Both Tarui and Lagratta will report to Doug Greenstein, Head of U.S. Institutional.

Frank Clarkson will take on the Lead Field Consultant Relationship Manager role in the Central region, Lawson Hauptfuhrer in the Southeast, and Abby Groom on the West Coast. Clarkson has been with T. Rowe Price since 2007, beginning in the U.S. Intermediaries division; Hauptfuhrer has been with T. Rowe Price since 2016, beginning in the Institutional Sales Group; and Groom has been with T. Rowe Price since 2011, beginning in the Special Correspondence Group.

Angelique Richardson joins T. Rowe Price as Field Consultant Relationship Manager for the Northeast region. She brings nearly 20 years of industry experience, most recently spending 15 years at Wellington Management as a Managing Director and Relationship Manager, working with consultants and institutional clients.

Kim Young, Senior Relationship Manager, Key Accounts, will lead the new key accounts practice, reporting to Doug Greenstein. Young's industry experience began in 1996, and she has been with T. Rowe Price since 1998, beginning in the Equity Research Group.

ABOUT T. ROWE PRICE
Founded in 1937, T. Rowe Price (NASDAQ: TROW) helps people around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Investors rely on the award-winning firm for its retirement expertise and active management approach of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price manages USD $1.89 trillion in assets under management as of May 31, 2026, and serves millions of clients globally. News and other updates can be found on Facebook, Instagram, LinkedIn, X, YouTube, and troweprice.com/newsroom.

SOURCE T. Rowe Price Group

Key Takeaways T. Rowe Price grew average AUM 9.1% to $1.71T in Q1'26, supporting higher net revenues.TROW saw positive flows in multi-asset, fixed income and alternatives despite equity outflows.T. Rowe Price's disciplined risk management is the key to supporting its long-term AUM growth. Assets under management (AUM) remain one of the most important growth drivers for T. Rowe Price Group (TROW - Free Report) , as the company generates the bulk of its revenues from investment advisory fees tied to the AUM levels. As of March 31, 2026, 90.6% of its net revenues were generated from investment advisory fees.

In the first quarter of 2026, T. Rowe Price’s average AUM increased 9.1% year over year to $1.71 trillion, supporting a 5.3% rise in net revenues to $1.86 billion. This highlights how a larger asset base can directly benefit the company’s top line. The AUM balance witnessed a compound annual growth rate (CAGR) of 9.7% over 2011-2025.

AUM Growth Trend

Image Source: T. Rowe Price Group

A key strength for T. Rowe Price is its diversified AUM mix across equities, fixed income, multi-asset products and alternatives. While equity strategies, especially U.S. growth-oriented offerings, continued to face outflows, other asset classes showed resilience. Multi-asset, fixed income and alternative products recorded positive net flows, helping reduce the impacts of weakness in equities. This diversification is important because it gives the company more than one avenue for growth, especially at a time when active equity managers face pressure from the rising popularity of passive products.

TROW is also working to expand its investment capabilities through product innovation and strategic partnerships. Its alternative credit offerings, supported by Oak Hill Advisors, including private credit and flexible credit income products, are aimed at meeting investor demand for income and diversification. These initiatives could help strengthen future AUM growth and reduce the dependence on traditional equity strategies.

However, challenges remain. T. Rowe Price recorded firmwide net outflows of $13.7 billion in the first quarter of 2026, showing that client redemptions are still concerning. Continued pressure in U.S. equity products may weigh on organic growth if inflows in other categories are not strong enough to offset the decline. In addition, stress in private credit markets could dampen investor appetite for alternative credit strategies and increase redemption risks, particularly if concerns around liquidity, valuations, leverage and credit quality intensify.

Overall, TROW’s diversified AUM base remains a meaningful strength. Although equity outflows remain a near-term challenge, growth in multi-asset, fixed income and alternatives could help stabilize revenues. However, the company’s expansion into private credit will require disciplined risk management to sustain investor confidence and support long-term AUM growth.

AUM Performance of Other Asset ManagersFranklin Resources’ (BEN - Free Report) AUM witnessed a CAGR of 3.1% over the past five fiscal years (2021-2025), with the rising trend continuing in the first quarter of fiscal 2026. The gain was driven by its efforts to diversify into high-demand asset classes, including alternative investments, and by favorable net flows from its regionally focused distribution model. Strategic acquisitions have also supported AUM growth, enabling Franklin Resources to expand its global footprint and strengthen its non-U.S. business.

Apollo Global Management’s (APO - Free Report) AUM saw a CAGR of 19.6% over the past three years (2022-2025), with the uptrend continuing in the first quarter of 2026. The increase in Apollo’s AUM is primarily driven by growth in retirement services client assets, platform subscriptions and new financing facilities. The acquisition of Bridge Investment Group Holding nearly doubled Apollo’s real estate AUM to more than $110 billion. By 2029, Apollo expects its total AUM to reach $1.5 trillion by scaling its private equity business.

TROW’s Price Performance & Zacks RankOver the past three months, shares of T. Rowe Price have gained 21.6% compared with the industry’s rise of 10%.

Price Performance

Image Source: Zacks Investment Research

The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy)stocks here.

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.

The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see 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 want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

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 +24% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

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.

As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.

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: Cardinal Health (CAH - Free Report) Headquartered in Dublin, OH, Cardinal Health is one of the world’s largest healthcare services and products providers, operating across Pharmaceutical & Specialty Solutions, Global Medical Products & Distribution (GMPD), and Other growth businesses. The company serves nearly 90% of U.S. hospitals, delivers more than 43,000 pharmaceutical shipments daily, and manages a broad portfolio of medical, surgical, and laboratory products.The Pharmaceutical and Specialty Solutions segment distributes a wide range of pharmaceutical products, including branded and generic drugs, specialty pharmaceuticals, and consumer health products. This segment also provides biopharma solutions, offering data-driven insights, analytics, and commercialization support to pharmaceutical manufacturers. CAH delivers specialty drug distribution services in areas such as oncology, gastroenterology, and rheumatology. Its pharmacy management services cater to hospital and retail pharmacies, enhancing medication access and supply chain efficiency. The company also operates nuclear pharmacies, compounding radiopharmaceuticals used in diagnostic imaging and treatment. It currently has nearly 130 nuclear pharmacies and 30 PET cyclotron facilities.

CAH is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of A thanks to attractive valuation metrics like a forward P/E ratio of 21.16; value investors should take notice.

Eight analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.44 to $10.76 per share. CAH boasts an average earnings surprise of +10.3%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, CAH should be on investors' short list.

In the latest trading session, Cardinal Health (CAH - Free Report) closed at $221.77, marking a -1.99% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 1.09%. At the same time, the Dow added 0.14%, and the tech-heavy Nasdaq gained 1.91%.

Coming into today, shares of the prescription drug distributor had gained 13.58% in the past month. In that same time, the Medical sector gained 3.16%, while the S&P 500 gained 0.29%.

The investment community will be paying close attention to the earnings performance of Cardinal Health in its upcoming release. The company is expected to report EPS of $2.41, up 15.87% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $65.61 billion, indicating a 9.06% upward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $10.76 per share and a revenue of $256.24 billion, demonstrating changes of +30.58% and +15.12%, respectively, from the preceding year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Cardinal Health. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Cardinal Health is holding a Zacks Rank of #3 (Hold) right now.

In terms of valuation, Cardinal Health is currently trading at a Forward P/E ratio of 21.02. This represents a premium compared to its industry average Forward P/E of 15.32.

Investors should also note that CAH has a PEG ratio of 1.24 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Medical - Dental Supplies industry had an average PEG ratio of 1.58 as trading concluded yesterday.

The Medical - Dental Supplies industry is part of the Medical sector. With its current Zacks Industry Rank of 75, this industry ranks in the top 31% of all industries, numbering over 250.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several 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 also includes the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also 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 ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy 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.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee 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.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: Cardinal Health (CAH - Free Report) Headquartered in Dublin, OH, Cardinal Health is one of the world’s largest healthcare services and products providers, operating across Pharmaceutical & Specialty Solutions, Global Medical Products & Distribution (GMPD), and Other growth businesses. The company serves nearly 90% of U.S. hospitals, delivers more than 43,000 pharmaceutical shipments daily, and manages a broad portfolio of medical, surgical, and laboratory products.The Pharmaceutical and Specialty Solutions segment distributes a wide range of pharmaceutical products, including branded and generic drugs, specialty pharmaceuticals, and consumer health products. This segment also provides biopharma solutions, offering data-driven insights, analytics, and commercialization support to pharmaceutical manufacturers. CAH delivers specialty drug distribution services in areas such as oncology, gastroenterology, and rheumatology. Its pharmacy management services cater to hospital and retail pharmacies, enhancing medication access and supply chain efficiency. The company also operates nuclear pharmacies, compounding radiopharmaceuticals used in diagnostic imaging and treatment. It currently has nearly 130 nuclear pharmacies and 30 PET cyclotron facilities.

CAH is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.

Additionally, the company could be a top pick for growth investors. CAH has a Growth Style Score of A, forecasting year-over-year earnings growth of 30.6% for the current fiscal year.

Eight analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.44 to $10.76 per share. CAH boasts an average earnings surprise of +10.3%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CAH should be on investors' short list.

Expeditors International of Washington, Inc. (EXPD) Discusses U.S. Customs Market Update With Focus on Current Tariff Updates and Trade Actions Transcript

Expeditors International of Washington, Inc. (EXPD) Discusses Ocean Market Update and Industry Changes Transcript

Lucid Group said Monday it is cutting its U.S. workforce by approximately 18% as part of a cost-savings plan.

The all-electric vehicle maker said its plan would give it annualized cost savings of approximately $158 million.

The company also said Monday that its chief operating officer, Marc Winterhoff, is leaving the company effective immediately. Winterhoff was interim CEO at the company until Silvio Napoli took over the top job on June 1. The role of COO has been eliminated, Lucid said.

Lucid's workforce reductions include full-time employees, contractors and hourly production workers in manufacturing, according to a filing with the Securities and Exchange Commission. The automaker had about 9,000 employees globally as of Dec. 31.

"These are difficult decisions taken to align production with demand, reduce inventory, and adapt to declining market conditions," a Lucid spokesperson said in a statement. "They are part of a broader effort to simplify the company, sharpen execution, and position Lucid to become more competitive over time."

In February, Lucid laid off about 12% of its U.S. workforce in a push for profitability.

Lucid said Monday it expects to incur cash charges of approximately $32 million related to severance, employee benefits and employee transition associated with the latest cuts, according to its filing.

The automaker also said it would be eliminating the second shift of production at its AMP-1 factory in Arizona.

Lucid said last month that Napoli would be evaluating the company's business operations. It suspended its guidance as a result, adding that it needs to lower its "elevated inventory" of vehicles, which for automakers has historically meant decreasing or idling vehicle production.

Lucid held its first investor day in nearly five years in March. It said at the time that it expects to be cash-flow positive by later this decade.

While Lucid has been able to increase sales and narrow losses, the company lost $2.7 billion on revenue of $1.35 billion in 2025. It had negative free cash flow of $3.8 billion last year, roughly 31% larger than the year earlier.

Lucid and its electric vehicle peers are increasingly facing a more challenging market than they did in recent years amid slower-than-expected adoption of EVs and changing regulations under the Trump administration, including the elimination of a $7,500 federal incentive for purchasing an EV.

— CNBC's Michael Wayland contributed to this report.

The EV manufacturer said the cuts, which include the elimination of its chief operating officer, would reduce costs by about $158 million annually.

Lucid Group stock is showing weakness. Why is LCID stock trading lower? What Is Lucid’s 2027 Robotaxi Plan with Uber?Lucid has outlined plans to launch a robotaxi service in Houston in 2027 with Uber Technologies and Nuro, with rides booked directly through the Uber app and a rollout targeted for mid-2027. Houston would follow a planned San Francisco Bay Area launch later this year, with the partners aiming to expand to additional U.S. cities over time.

Lucid is positioning the fleet around the Gravity SUV and future midsize models, with autonomous hardware integrated at its Arizona facility rather than aftermarket retrofits. Nuro is slated to supply a Level 4 system using cameras, lidar and radar, while Uber designs the in-cabin user experience and safety interfaces and has set up a dedicated Houston operations depot for charging, maintenance and fleet management.

LCID Stock: Critical Levels To WatchFor momentum, MACD is below its signal line, which usually means upside thrust is fading and rebounds can struggle to extend without fresh buying pressure. MACD is a trend/momentum gauge, and when it sits under the signal line it often reflects sellers keeping control of the intermediate swing.

From a structure standpoint, the stock is trying to stabilize just above its 52-week low zone ($4.47) after a recent swing low in June, but it’s still down 75.83% over the past 12 months. The most actionable near-term question is whether buyers can defend the low-$4 area long enough to build a base, or whether another leg lower forces a fresh low.

Key Support: $4.50 — a nearby level where buyers previously stepped in, sitting just above the 52-week low zone ($4.47) What Is Lucid Group and Its Business Model?Lucid Group is a technology and automotive company that develops the next generation of electric vehicle (EV) technologies, selling through a direct-to-consumer online and retail model with its own service footprint. It leans on in-house hardware and software, vertical integration, and a clean-sheet engineering approach that produced the Lucid Air luxury sedan.

LCID Stock Price Action on MondayLCID Stock Price Activity: Lucid Group shares were down 3.54% at $5.17 at the time of publication on Monday, according to Benzinga Pro data.

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Lucid said it's cutting a production shift to align "production plans with anticipated demand." Its COO is out, too — and won't be replaced. Lucid Motors In the era of leaner companies, even the C-suite isn't insulated from downsizing. Just look at Lucid.

The luxury EV maker filed an 8-K to the SEC on Monday detailing plans to cut about 18% of its US workforce — including full-time employees, contractors, and hourly manufacturing workers at its AMP-1 factory in Arizona.

But the restructuring is also notably impacting its C-Suite, with Lucid announcing "the elimination of the Chief Operating Officer position." As a result, Marc Winterhoff, Lucid's COO who had served as interim CEO earlier this year before resuming the chief operating role when a new CEO was announced, has departed. Winterhoff did not respond to a request for additional comment from Business Insider.

Lucid is looking to "simplify the company" and "sharpen execution," a spokesperson told Business Insider in a statement.

"These are difficult decisions taken to align production with demand, reduce inventory, and adapt to declining market conditions," a company spokesperson. "They are part of a broader effort to simplify the company, sharpen execution, and position Lucid to become more competitive over time."

Lucid expects the cuts to generate about $158 million in annualized cost savings. Lucid will eliminate the second shift at the plant to align "production plans with anticipated demand," the filing said.

$LCID Today we announced difficult but necessary actions, including a U.S. workforce reduction of ~18% and the elimination of the second production shift at AMP‑1. We expect these actions to deliver $158M in annualized cost savings, with ~$32M in restructuring charges. We are…

— Nick Twork (@ntwork) June 22, 2026 The move comes during a year and a half of upheaval at Lucid.

Longtime CEO Peter Rawlinson abruptly resigned in February 2025, prompting Winterhoff to serve as interim CEO.

Several leaders have since left the automaker: SVP of engineering and software Emad Dlala and SVP of strategy Claudia Gast both left earlier this year. Chief engineer Eric Bach was fired in November after 10 years at the company and has since filed a wrongful termination lawsuit against Lucid. The EV maker previously called Bach's legal claims "absurd" in a statement on the lawsuit.

The company also cut 12% of its US workforce in February.

On June 1, Lucid officially installed Silvio Napoli — the former boss of The Schindler Group, an elevator maker — as the permanent CEO.

Napoli inherits a long to-do list. The Saudi Arabia-backed automaker is hoping to launch the Cosmos, its first sub-$50,000 mass-market SUV, later this year to challenge the Tesla Model Y and Rivian R2. It also has robotaxi ambitions after inking a partnership with Uber and Nuro.

In the first quarter, Lucid faced a supplier issue that delayed delivery times on its Gravity SUV, while some owners have openly complained about software issues. Lucid continues to receive praise for the engineering of its vehicles, including the Lucid Air sedan, which remains among the most efficient EVs on the market.

For Winterhoff, the elimination of the COO role doesn't mean that he'll be leaving empty handed. In addition to severance, Lucid said it "agreed to provide certain continued security support and have him keep his company vehicle."

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Ben Shimkus You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Ben Shimkus is a reporter for the Business News desk. He writes about cars, transportation, retail, and jobs. Ben's reporting has appeared in Rolling Stone, The Verge, Automotive News, USA Today, AutoBody News, LGBTQ Nation, TopSpeed, and Out Magazine. He's also held staff writing positions at The U.S. Sun and the Daily Mail. He graduated from NYU with a Master's in journalism in 2024. Email Ben at [email protected] or message him privately on Signal at bshimkus.41. 

Layoffs

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Lucid Group To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Lucid Group between February 25, 2026 and April 13, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

[You may also click here for additional information]

New York, New York--(Newsfile Corp. - June 22, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lucid Group, Inc. ("Lucid Group" or the "Company") (NASDAQ: LCID) and reminds investors of the July 28, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on the Company's business and financial results; (3) accordingly, the Defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (4) as a result, Defendants' public statements were materially false and misleading at all relevant times.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding Lucid Group's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the Lucid Group class action, go to www.faruqilaw.com/LCID or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

Follow us for updates on LinkedIn, on X, or on Facebook.

Frequently Asked Questions (FAQ) for Investors Regarding the Lucid Group, Inc. Securities Class Action Lawsuit:

What is the Lucid Group securities fraud lawsuit about?

The Lucid Group securities fraud lawsuit is a federal securities class action alleging that Lucid Group, Inc. (NASDAQ: LCID) and its executives made false and misleading statements to investors by concealing that a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity SUV and overstating the Company's manufacturing and delivery capabilities. As the truth emerged through a series of disclosures - including an April 3, 2026 announcement that only 3,093 vehicles were delivered in Q1 2026 due to a 29-day delivery disruption caused by a supplier seat defect, an April 14, 2026 filing revealing Q1 revenue of just $280-$284 million against a consensus estimate of $433.8 million and a $1.05 billion capital raise, and a May 5, 2026 earnings report showing a net loss of over $1 billion and GAAP EPS of -$3.46 - LCID's stock price fell sharply across multiple trading sessions, causing significant losses for investors.

Who may be eligible to participate in the Lucid Group class action lawsuit?

Investors who purchased or acquired Lucid Group, Inc. (LCID) stock between February 25, 2026 and April 13, 2026 - the Class Period - and suffered financial losses may be eligible to participate in the Lucid Group securities class action. Participation as a class member does not require taking any affirmative legal action; eligible investors may recover losses simply by remaining members of the class. Whistleblowers, former Lucid Group employees, and others with relevant information about the Company's conduct are also encouraged to come forward.

What is a lead plaintiff, and how can I seek appointment in the Lucid Group lawsuit?

A lead plaintiff in the Lucid Group class action is a court-appointed investor - typically the one with the largest financial interest in the case - who directs and oversees the litigation on behalf of all class members. Any Lucid Group investor who purchased LCID stock during the Class Period may move the Court to serve as lead plaintiff through counsel of their choice. The deadline to seek lead plaintiff appointment is July 28, 2026. Importantly, choosing not to seek the lead plaintiff role does not affect an investor's ability to share in any recovery obtained for the class.

What should investors do if they purchased Lucid Group stock during the Class Period?

Investors who purchased Lucid Group, Inc. (LCID) stock between February 25, 2026 and April 13, 2026 and suffered losses should contact Faruqi & Faruqi, LLP immediately to discuss their legal rights. The deadline to seek appointment as lead plaintiff in the Lucid Group securities class action is July 28, 2026. To speak directly with securities litigation partner Josh Wilson, call 877-247-4292 or 212-983-9330 (Ext. 1310), or visit www.faruqilaw.com/LCID for more information.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302357

Source: Faruqi & Faruqi LLP

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Lucid ex-COO Marc Winterhoff said the company's partnership with Uber and Nuro was meant to deliver robotaxis fast and with capital discipline. Patrick T. Fallon/AFP via Getty Images Lucid Motors made a round of cuts that show how the EV maker is tightening its belt as it pursues an ambitious future in the midsize car market and robotaxis.

Lucid said on Monday that it would cut about 18% of its US workforce, including eliminating the chief operating officer role held by Marc Winterhoff. Winterhoff also served as interim CEO for less than two years before Silvio Napoli was tapped for the role in April.

In a securities filing, Lucid said it made the move to advance the company's path toward profitability and positive cash flow.

The cuts come at a pivotal time for the company. Lucid has yet to prove that it can profitably scale its EV business. At an investor day in March, it laid out a sprawling future to diversify its vehicle lineup with sub-$50,000 midsize SUVs and to lay a stake in autonomous driving and robotaxis.

Winterhoff told Business Insider in April that the company's robotaxi bet was deliberately designed to keep spending in check and avoid the kind of capital burn that would be required if Lucid had built a robotaxi operation from the ground up.

"Our strategy is to offer solutions to individual customers and our robotaxi customers fast and, from our side, minimal deployment of capital investment in order to not hamper our way to profitability," he said, adding that robotaxi was a "second leg" for Lucid to stand on next to personally-owned vehicles.

Lucid is pursuing robotaxis through a partnership with Uber and Nuro, targeting a commercial launch in San Francisco later this year. Uber is committing $500 million to supply at least 35,000 vehicles from Lucid, including 10,000 Gravity SUVs, Winterhoff said.

Lucid's Gravity SUV will be retrofitted with Nuro's autonomous driving platform to deliver robotaxis for Uber.  Patrick T. Fallon/AFP via Getty Image Winterhoff cited speed to market and capital-spending discipline as reasons Lucid chose the partnership route. The COO at the time said Uber wanted a robotaxi that could be ready for commercial deployment by 2026.

"There was literally nobody out there saying, 'Okay, we can do that,'" he said.

Building the autonomous vehicle stack in-house would also require "billions of investment," Winterhoff said, for returns that may not be seen until 2030 or beyond.

Lucid expects to save some cash through its recently announced restructuring plans. The company said in the filing that it expects to generate about $158 million in annualized cost savings.

As part of the cuts, Lucid also said it's eliminating the second production shift at AMP-1, Lucid's manufacturing plant in Casa Grande, Arizona. The company did not specify which vehicle programs or production lines would be affected.

James Picariello, a senior analyst at BNP Paribas Equity Research, wrote in a note on Monday that Lucid remains on a "step road to breakeven." The analyst wrote that the cost-cutting effort suggests demand for the Lucid Air sedan and Gravity SUV remains soft, and the $158 million in cost savings does little to change the company's cash-burn trajectory.

Still, Picariello told Business Insider that he does not see the latest cuts as a direct threat to Lucid's robotaxi plans.

"I don't see any real direct implication from LCID's cost-cutting effort announced today, and its 'contract manufacturer' partnership with Uber/Nuro," Picariello wrote. "LCID should still be able to provide the Nuro-outfitted Gravity's & midsize CUVs as robotaxis to Uber."

A spokesperson for Lucid said that Monday's announcement will not affect the company's robotaxi strategy or its Uber-Nuro partnership.

Winterhoff did not respond to a request for comment.

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Lloyd Lee You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

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NEW YORK, June 23, 2026 (GLOBE NEWSWIRE) -- SueWallSt examines the adequacy of Lucid Group, Inc.'s (NASDAQ: LCID) risk disclosures during the Class Period of February 25, 2026 through April 13, 2026. LCID shareholders lost $1.57 per share in combined declines after concealed supplier failures surfaced. Find out if your losses qualify for recovery or contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt.

The lead plaintiff deadline is July 28, 2026. Lucid's 2025 Form 10-K, signed and certified by its officers, contained specific language about supplier oversight that the securities action now challenges as materially misleading given what was already occurring on the factory floor.

What the Company Disclosed

Lucid's annual report, filed February 24, 2026, told investors the Company used a "comprehensive qualification process to assess technical capability, quality, cost, applicable tariffs, footprint, etc." for its thousands of supplier components. The filing further stated Lucid had "established strong relationships with suppliers and partners to deliver the . . . Lucid Gravity[.]" These were not generic forward-looking disclaimers. They were present-tense representations about existing supplier management systems.

What the Securities Action Alleges Was Missing

The complaint challenges these representations as materially incomplete. According to the filing:

An unauthorized supplier change had already compromised second-row seat components for the Gravity SUV before these disclosures were madeSeatbelt anchor welds on 4,476 vehicles did not meet safety standards, triggering a recallDeliveries were "particularly hit in February," the same month executives certified the 10-K's accuracyThe "comprehensive qualification process" had failed to prevent a supplier substitution that required a production pause to reverseItem 105 of SEC Regulation S-K required disclosure of material risks making the investment speculative; the supplier breakdown was allegedly such a riskItem 303 of SEC Regulation S-K required disclosure of known trends or uncertainties likely to unfavorably impact revenue; a 29-day delivery halt was allegedly such an uncertainty Regulatory Reality

SEC regulations distinguish between hypothetical risks and known problems. Item 105 requires companies to "[c]oncisely explain how each risk affects" the company. Item 303 requires disclosure of "known trends or uncertainties" with a reasonably likely material impact. The complaint contends that a delivery disruption already underway in February 2026 was not hypothetical. It was a present reality that went undisclosed while the Company's filings described supplier oversight in affirmative, reassuring terms.

Why Generic Warnings May Not Protect

The action contends Lucid's risk factor language about potential supply chain challenges cannot immunize the Company from liability when a specific, material supplier failure was already affecting operations. Courts have repeatedly held that boilerplate risk warnings about what "could" happen do not satisfy disclosure obligations when the warned-of risk has already materialized. The complaint asserts that Lucid knew an unauthorized change had compromised a critical safety component yet continued to describe its supplier relationships in terms suggesting reliability and stability.

"Generic risk factor language cannot substitute for disclosing specific, known problems that are already affecting a company's operations. When a company describes its supplier processes as 'comprehensive' while a supplier failure is actively disrupting deliveries, investors are denied the information they need to make informed decisions." -- Joseph E. Levi, Esq.

Speak with an attorney about whether Lucid's disclosures were adequate or call (888) SueWallSt.

LEAD PLAINTIFF DEADLINE: July 28, 2026

About SueWallSt

SueWallSt, Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered for investors.

Frequently Asked Questions About the LCID Lawsuit

Q: What specific misstatements does the LCID lawsuit allege? A: The complaint alleges Lucid Group made materially false or misleading statements regarding its supplier oversight capabilities, manufacturing discipline, and delivery readiness for the Gravity SUV during the Class Period. When the 29-day delivery disruption and its causes were revealed, the stock price declined sharply.

Q: When did Lucid Group allegedly mislead investors? A: The Class Period runs from February 25, 2026 to April 13, 2026. The alleged fraud was revealed through corrective disclosures on April 3 and April 14, 2026, causing combined stock declines of $1.57 per share.

Q: What do LCID investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact SueWallSt for a free, no-obligation evaluation at [email protected] or (888) SueWallSt. No immediate action is required to remain eligible as a class member.

Q: What if I already sold my LCID shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the Class Period and sold at a loss may still participate.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: What if I missed the lead plaintiff deadline? A: The deadline applies only to investors seeking lead plaintiff appointment. Class members who miss it can still participate in any settlement or recovery.

Q: What court was the LCID class action filed in? A: The case was filed in the United States District Court for the Northern District of California, governed by the Private Securities Litigation Reform Act of 1995.

CONTACT:

SueWallSt

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 27th Floor

New York, NY 10004

[email protected]

Tel: (888) SueWallSt

Fax: (212) 363-7171

New York, New York--(Newsfile Corp. - June 23, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Lucid Group, Inc. (NASDAQ: LCID) between February 25, 2026 and April 13, 2026, inclusive (the "Class Period"), of the important July 28, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Lucid securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 28, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on Lucid's business and financial results; (3) accordingly, the defendants had overstated the purported enhancements to Lucid's manufacturing and delivery capabilities and overall operations; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Lucid class action, go to https://www.rosenlegal.com/cases/lucid-group-inc-2026/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302547

Source: The Rosen Law Firm PA

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LOS ANGELES, June 23, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming July 28, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Lucid Group, Inc. (“Lucid” or the “Company”) (NASDAQ: LCID) securities between February 25, 2026 and April 13, 2026, inclusive (the “Class Period”).

IF YOU SUFFERED A LOSS ON YOUR LUCID INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.

What Happened?
On April 3, 2026, Lucid announced its first quarter 2026 production and delivery totals, revealing that is had “produced 5,500 vehicles” but only “delivered 3,093 vehicles.” The Company explained that “deliveries of the Lucid Gravity were disrupted for 29 days due to a supplier quality issue with the second-row seats” and, “[a]s a result of this, the company’s ability to meet customer demand was impacted.”

The same day, Reuters published an article regarding Lucid’s delivery results, noting that deliveries had been impacted over a month earlier in February 2026 when Lucid paused to reverse an unauthorized supplier change and inspect vehicles already produced.

Then, on April 6, 2026, 24/7 Wall St. published an article stating that Lucid “cannot sell fewer than 4,000 vehicles and even pretend this is sustainable.”

On this news, Lucid’s stock price fell $1.13, or 11.35%, over two consecutive trading days, to close at $8.83 per share on April 7, 2026, thereby injuring investors.

Then, on April 14, 2026, Lucid released preliminary first quarter 2026 financial results, including revenue in the range of $280 million to $284 million, missing consensus estimates of $433.8 million, and losses from operations in the range of $985 million to $1.005 billion. The Company also revealed plans for a $1.05 billion capital raise, including a $300 million public stock offering.

On this news, Lucid’s stock price fell $0.44, or 4.76%, to close at $8.80 per share on April 14, 2026.

Then, on May 5, 2026, Lucid released its first quarter 2026 financial results, reporting GAAP earnings per share of -$3.46, missing consensus estimates by $0.83, a net loss of over $1 billion, and revenue of $282.47 million, missing consensus estimates by $76.04 million. The Company explained that the “supplier issue . . . during the quarter had an impact,” while also acknowledging that it “ended the quarter with elevated inventory[.]”

On this news, Lucid’s stock price fell $0.50, or 7.47%, over two consecutive trading days, to close at $6.19 per share on May 6, 2026, thereby injuring investors further.

What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) a supplier quality issue had significantly disrupted deliveries of the Lucid Gravity; (2) the foregoing was likely to, and did, have a material negative impact on the Company’s business and financial results; (3) accordingly, the Defendants had overstated the purported enhancements to Lucid’s manufacturing and delivery capabilities and overall operations; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you purchased or otherwise acquired Lucid securities during the Class Period, you may move the Court no later than July 28, 2026 to request appointment as lead plaintiff in this putative class action lawsuit.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email:  [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email:  [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

-

ZoomInfo's verified B2B intelligence and native GTM skills are now available inside Amazon Quick Suite, AWS's agentic AI workspace, through GTM.AI.

VANCOUVER, Wash.--(BUSINESS WIRE)--ZoomInfo (NASDAQ: GTM), the all-in-one AI GTM platform, has confirmed a native integration with Amazon Quick Suite, AWS's agentic AI workspace. Go-to-market teams can now run ZoomInfo searches and skills in plain language inside Quick, across web, desktop, and mobile, grounded in verified data on 100 million companies, 500 million contacts, and billions of buying signals.

The connective tissue underneath the integration is GTM.AI, ZoomInfo's headless GTM context layer. GTM.AI exposes ZoomInfo's verified data graph and agentic orchestration through API and Model Context Protocol (MCP), and ZoomInfo connects to Quick Suite through a custom MCP server. A seller, SDR, AE, RevOps lead, or marketer can open Quick and ask ZoomInfo to do the work they would normally spread across four tabs and a CSV export.

An agent with access is not an agent with verified context

Plenty of tools can give an AI agent access: a connection, an API key, a pile of records to read. Far fewer give it verified context, meaning data that has been collected, cross-checked, and continuously refreshed, structured so a company resolves to its contacts and its contacts resolve to their signals. The first kind of agent is fast and often wrong. The second is the one a team can let touch a real pipeline. Amazon Quick Suite brings the reasoning and the workflow, and ZoomInfo brings the verified data the reasoning has to be grounded in.

In ZoomInfo's launch demo, a user asked Quick to build a list of 50 marketing leaders in Los Angeles, flag anyone showing signals around marketing initiatives, and include name, title, email, direct dial, mobile, job start date, and LinkedIn. Quick routed the request to ZoomInfo's MCP server and handed back a downloadable list without the user leaving the workspace. Native ZoomInfo skills run the same way, including Account Research, Buying Committee, Enrich Company, Enrich Contact, Meeting Prep, Recommended Contacts, Score Accounts, Score Leads, TAM Sizer, Tech Stack Snapshot, and Competitor Analysis, each triggered in natural language and grounded in verified data rather than the model's best guess.

One context layer across the GTM stack

Amazon Quick Suite joins the dozens of completed integrations on GTM.AI. The same context layer already powers ZoomInfo inside Salesforce Agentforce, HubSpot Breeze, Microsoft Copilot, Gong, LeanData, Glean, Claude, ChatGPT, and Google Workspace. Every surface reads from the same GTM Context Graph through the same API and Model Context Protocol interface, so the work is grounded in one source of truth whichever window it happens in.

Governance travels with the data. Access stays bound to each customer's existing ZoomInfo entitlements and permissions, and GTM.AI applies access control, permissioning, data lineage, AI policy, and audit logging consistently across every surface that consumes it. Enterprise compliance is built in across ISO 27701, ISO 27001, SOC 2 Type II, and TRUSTe GDPR.

The strategic point is simple. The ceiling on agentic go-to-market is not how clever the model is. It is the quality, freshness, and structure of the data the model can reach. By widely cited industry estimates, roughly 70 percent of contact data goes stale every year, and an agent acting at machine speed turns that decay into bad outcomes before anyone notices. Amazon Quick Suite is the latest surface where ZoomInfo closes that gap.

About ZoomInfo

ZoomInfo (NASDAQ: GTM), the all-in-one AI GTM platform, enables sales, marketing, and customer success teams to execute their go-to-market strategy with confidence. Powered by the industry's most comprehensive B2B data, including more than 100 million companies, 500 million contacts, and billions of signals, ZoomInfo delivers the intelligence, automation, and integrations that modern revenue teams need to identify, engage, and convert their best buyers.

GTM.AI is ZoomInfo's headless GTM context layer. It is the API and Model Context Protocol home for AI agents, powering integrations across Salesforce Agentforce, HubSpot Breeze, Microsoft Copilot, Claude, ChatGPT, and dozens more.

Learn more at zoominfo.com and gtm.ai.

More News From ZoomInfo

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SummaryCompaniesCorgi has launched 88 ETFs since December, including a record 34 in a single dayA single photonics ETF accounts for nearly half of Corgi's $562 million assetsAnalysts said Corgi faces a battle for market share despite lower fees and backing from Y CombinatorPROVIDENCE, RHODE ISLAND, June 22 (Reuters) - It took more than a decade for BlackRock, the world's largest issuer of exchange-traded funds, to launch its first 300 products.

Corgi Investments, the venture-capital-based ​asset manager, plans to repeat that feat in less than a year, the company tells Reuters.

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Corgi's explosion onto the scene and its ambitious goal reflect the U.S. exchange-traded fund market itself, ‌which has never been bigger or more crowded. In the first five months of 2026 alone, ETFs pulled in a record $837 billion in assets, according to ETFGI, an industry group, putting it on track to top $2 trillion in inflows this year. The number of funds is also exploding, with 148 launched in May alone.

Nearly a third of them came from Corgi.

"We're not super worried that this is a market with no room for new players," said Emily Yuan, co-founder of Corgi and chief operating officer of its ​parent company, the two-year-old AI-powered insurance company Corgi Insurance, which a financing round last month valued at $2.6 billion.

"Our thesis is that if you make good products that provide value, the money will come."

The money ​certainly has flowed into at least one of the 88 (and still counting) ETFs that Corgi has rolled out since it introduced its first product last December. The ⁠Corgi Lithography & Semiconductor Photonics ETF (EUV.Z), opens new tab, one of 34 funds it launched May 6 - at the time the largest ever one-day group launch - already has pulled in $273 million in assets, according to VettaFi. Corgi went on to launch ​35 more funds on June 2.

But the photonics fund is an anomaly. Corgi's runner-up, a leveraged ETF designed to deliver double the return of an index composed of founder-led companies launched in January, has attracted $20 million, while others ​hover around $3 million to $6 million, a more typical range for just-launched ETFs. The photonics ETF accounts for more than half of Corgi's $562 million in assets, VettaFi data shows.

Some market analysts say that Corgi may face an uphill battle in winning market share in a hyper-competitive market with few barriers to entry but a growing array of obstacles to success, in spite of high-profile backers like Silicon Valley startup accelerator Y Combinator. It provided startup financing to companies like Airbnb (ABNB.O), opens new tab, payment processor Stripe, and DoorDash (DASH.O), opens new tab and ​has anchored Corgi's financing rounds.

"Corgi is an unknown brand to financial advisors, who steer a lot of assets into ETFs, and trust doesn't happen overnight," said Nate Geraci, president of NovaDius Wealth Management and a veteran ETF ​analyst. Nor, Geraci added, does their current lineup of thematic, leveraged and buffer ETFs break new ground.

"Clearly, their goal is to flood the zone with lower-cost options and hope that competitive fee structure is compelling enough to allow a strategic ‌number to stick ⁠around," Geraci said.

For instance, the Corgi Magnificent 7 ETF (CMAG.Z), opens new tab, which offers exposure to mega-cap technology companies like Nvidia (NVDA.O), opens new tab and Tesla (TSLA.O), opens new tab, has a 0.2% fee, undercutting the 0.3% levied by Roundhill Investments' Roundhill Magnificent 7 (MAGS.Z), opens new tab.

"What we’re able to do is be a disruptor in this world, by building low-cost ETFs in house and finding a way to be profitable at a lower level of assets than a firm that has to pay a white-label provider to develop their products," said Edward Rumell, an ETF industry veteran who joined Corgi as its head of distribution at the beginning of this year.

When discussing the job with Corgi's founders, Rumell had already been startled by the pace at ​which Corgi was filing for the go-ahead to roll ​out new products and confesses he was unfamiliar ⁠with the "Y Combinator/Silicon Valley vibe" at Corgi. The firm boasts a 24-hour cafe on its premises - open to the public - and its assets include an actual Corgi dog, Trudy, for whose care employees are responsible.

"I'm the oldest member of the team, by at least 10 if not 20 years," acknowledges the 50-year-old Rumell.

But his nine-person team ​brings a new set of skills to developing, launching and marketing ETFs, Rumell adds, one that he said is increasingly important in the evolving investment environment.

"They're ​social media-savvy; they grew up trading ⁠on Robinhood (HOOD.O), opens new tab and understand how younger retail investors think about the market and using platforms like X and Reddit to reach them."

Whether or not that kind of young social-media-focused team gives Corgi an edge will be pivotal, said Todd Sohn, ETF analyst at Strategas.

"New players in the ETF ecosphere are coming either from the asset management industry, like MFS Investment Management, or are companies created by ETF industry veterans that focus on a particular niche," Sohn said. Corgi, he ⁠added, strikes him ​as "an anomaly."

"They are going to face a battle to position themselves and demonstrate that they have the connections they'll need to grow ​assets" or they will have to face closing down a large percentage of the dramatic number of new ETFs rather rapidly, Sohn said.

"They'll need to outhustle their rivals for this to work."

Yuan and Rumell said they plan to do just that.

"What we are doing is what ​we think is good for the market - to move fast, to disrupt business as usual," said Yuan. "So we might just as well do it."

Reporting by Suzanne McGee in Providence, Rhode Island; Editing by Colin Barr and Christopher Cushing

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Upstart Holdings, Inc. (UPST - Free Report) closed the most recent trading day at $31.32, moving -3.42% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.37%. At the same time, the Dow added 0.29%, and the tech-heavy Nasdaq lost 1.33%.

The company's stock has climbed by 13.55% in the past month, exceeding the Finance sector's gain of 4.79% and the S&P 500's gain of 2.02%.

The investment community will be paying close attention to the earnings performance of Upstart Holdings, Inc. in its upcoming release. On that day, Upstart Holdings, Inc. is projected to report earnings of $0.55 per share, which would represent year-over-year growth of 52.78%. At the same time, our most recent consensus estimate is projecting a revenue of $354.89 million, reflecting a 37.93% rise from the equivalent quarter last year.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.27 per share and a revenue of $1.43 billion, signifying shifts of +30.46% and +36.53%, respectively, from the last year.

Investors should also note any recent changes to analyst estimates for Upstart Holdings, Inc. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Upstart Holdings, Inc. is holding a Zacks Rank of #3 (Hold) right now.

Investors should also note Upstart Holdings, Inc.'s current valuation metrics, including its Forward P/E ratio of 14.31. This denotes a premium relative to the industry average Forward P/E of 10.89.

One should further note that UPST currently holds a PEG ratio of 0.35. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Financial - Miscellaneous Services industry had an average PEG ratio of 1.07.

The Financial - Miscellaneous Services industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 103, placing it within the top 43% of over 250 industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.